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Dubai has proven to be the most popular spot for Brits spending Christmas abroad this year, according to booking data by travel company Southall Travel, with neighbouring Abu Dhabi coming in second place. Research conducted by the firm suggests many British holidaymakers are in pursuit of a warm Christmas, with destinations across the UAE enjoying average temperatures in the mid 20s during December. The Thai capital of […]

Initial Jobless Claims dropped once again, back near 43 year lows this week (-4 to 254k) as Continuing Claims picked up 11k to 2.018 million. As the following two charts show, this is all very humorous…   The jobs aren’t coming from the manufacturing side…   And neither is the services side of the economy going gangbusters…   So just where are all these jobs coming from? […]

A new technique devised by MIT researchers can take data sets with huge numbers of variables and find approximations of them with far fewer variables. Credit: Massachusetts Institute of Technology One way to handle big data is to shrink it. If you can identify a small subset of your data set that preserves its salient mathematical relationships, you may be able to perform useful analyses on it […]

By: PTI | Lahore | Published:December 15, 2016 3:38 pm Pakistani Prime Minister Nawaz Sharif. In a relief to Pakistan Prime Minister Nawaz Sharif, the Lahore High Court has dismissed a petition seeking his disqualification on the charges of corruption amid a row over the Panama Papers leak that names his family as having misappropriated properties in the UK. LHC Justice Shams Mahmood Mirza yesterday dismissed the […]

Thousands of people had gathered outside a hospital in the Mashhad neighborhood, which is still controlled by rebels, hoping that an evacuation deal announced on Tuesday by Turkey, Russia and Syrian rebels would hold. But the constant threat from snipers, bombs and shelling was unsettling. Video Aleppo Activists Say Final Goodbyes as Assad Closes In Syrian government forces had reclaimed most of rebel-held eastern Aleppo by Tuesday, […]

Residents of the fire-hit Adriatic building at the Oceana complex on Dubai’s Palm Jumeirah have been granted access to their apartments to collect their belongings, the building’s property manager Asteco said in a statement sent to Arabian Business. However, it added tjhat Dubai authorities have yet to give the clearance required to allow residents to move back in. The statement from Asteco said the cause of the […]

This Tuesday, July 19, 2016 photo shows a Yahoo sign at the company’s headquarters in Sunnyvale, Calif. On Wednesday, Dec. 14, 2016, Yahoo said it believes hackers stole data from more than one billion user accounts in August 2013. (AP Photo/Marcio Jose Sanchez) Yahoo said Wednesday more than a billion users may have had data stolen in a hack dating back to 2013—separate from its previously disclosed […]

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Sky News Australia Indonesian jails ripe for ISIS recruitersSky News AustraliaAlmost a year after Jakarta was rocked by a terrorist attack and a crackdown on Indonesia’s prison system was announced, systemic problems continue to plague deradicalisation efforts inside, a report warns. In the first eleven months of 2016, some 120 … and more » (via Google News)

Your daily guide to community and cultural activities across the Emirates for December 14, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Yoga class Take part in the popular Flow in the Dark yoga class at Bodytree Studio. Enjoy a night of yoga, music and creative expression led by Angela. The lights will be […]

Photo Stephen Curry of the Golden State Warriors signing autographs before a game in Memphis last week. The N.B.A. is in the midst of a highly prosperous stretch. Credit Brandon Dill/Associated Press At a time of enormous popularity and prosperity for the N.B.A., the league and the players’ union reached an agreement in principle Wednesday on a seven-year collective bargaining agreement that ensures labor peace through the […]

With over 150 Saudi suppliers now, GE aims to double the number by 2020, creating a dynamic Saudi supply chain ecosystem that serves global markets GE’s investments in localized manufacturing helps build Saudi entrepreneurship, create new jobs for Saudis and build the local SME sector Dubai, United Arab Emirates; December 15, 2016 GE Oil & Gas today won the ‘Best in Supplier Development’ honor at the In […]

The foreground of this scene from the Mast Camera (Mastcam) on NASA’s Curiosity Mars rover shows purple-hued rocks near the rover’s late-2016 location on lower Mount Sharp. The scene’s middle distance includes higher layers that are future destinations for the mission. Source link

Commercial banks in Qatar will see their profitability fall under continued pressure in the coming years as deposit growth slows and interest rates drop, new research shows. A report by BMI Research, part of Fitch Group, states: “In the first 10 months of 2016, the average interest rate on government securities stood at 2.65 percent, well below the average of 5.96 percent that banks demand on private […]

The AWS cloud now has 42 Availability Zones in 16 regions but the two empty circles in France and China represent the location of two more regions coming online next year. Image: AWS Amazon Web Services cloud computing platform is now available from UK-based datacenters. The launch of the AWS Europe (London) Region means that AWS’s suite of cloud services is now available out of 16 regions […]

Dubai is working with HSBC on the financing of Expo 2020 Dubai, a $7 billion exhibition centre project expected to attract 25 million visitors, sources familiar with the matter said. The site will host Expo Dubai which will run from October 2020 to April 2021 and will be the first World Expo hosted in the Middle East, according to the Expo 2020 website. The project provides more […]

Photo The coffins of victims from Sunday’s bombing of St. Mark’s Coptic Orthodox Cathedral after funeral services in Cairo on Monday. Credit Khaled Desouki/Agence France-Presse — Getty Images CAIRO — Egypt faced the prospect of a surge in sectarian bloodshed on Tuesday after the Islamic State claimed responsibility for the bombing of a Coptic cathedral in Cairo that killed 25 people on Sunday. The group warned of […]

MARTIN VAN BEYNEN Last updated 17:36, December 14 2016 A Russian investor has been allowed to purchase a luxury New Zealand property after explaining his connection with the Panama Papers. Leonid Kiryakov, who owns a heating and air conditioning firm in Russia, has bought a $5m property with its own beach in Matakana, a wealthy seaside settlement north of Auckland. The transaction required approval by the Overseas Investment Office […]

Rogue One: A Star Wars Story Director: Gareth Edwards Starring: Felicity Jones, Diego Luna, Ben Mendelsohn, Donnie Yen, Mads Mikkelsen, Riz Ahmed Star rating: four stars Rogue One is subtitled “A Star Wars Story“, but it is a Star Wars movie unlike we have seen before. Dirtier, grittier, muddier, wetter… George Lucas’s space saga is now seen from the trenches in this exhilarating spin-off set just before […]

The head of Qatar’s sovereign wealth fund has told US officials it will invest $10 billion in infrastructure projects inside the United States, sources said, in an apparent boost to the economic plans of president-elect Donald Trump. Sheikh Abdullah bin Mohamed bin Saud al-Thani, chief executive of the Qatar Investment Authority (QIA), delivered the message to officials including Charles Rivkin, US assistant secretary of state for economic […]

Photo Paraag Marathe, the San Francisco 49ers’ chief strategy officer and executive vice president for football operations, at his home in Los Altos, Calif. His sister died of anorexia. Credit Jason Henry for The New York Times SAN FRANCISCO — Paraag Marathe’s structured, analytical mind has served him well in the offices of Silicon Valley and the National Football League. He figured that he could lean on […]

Saudi Arabia’s 2017 state budget is likely to show Riyadh has shrunk a huge deficit caused by cheap oil faster than expected, which may let it spend more to bolster a shaky economy This year was one of the most painful for the Saudi economy in decades. Growth slowed sharply and speculators bet against the Saudi currency as the government fought to curb a deficit that totalled […]

DUBAI Eleven headless bodies have been dumped in a nature reserve in the southern Yemeni port city of Aden, a local news website reported on Wednesday. The Aden al-Ghad news website quoted a security source in the city as saying that the male bodies were found on Tuesday evening in the al-Hiswa reserve, west of Aden. It was not immediately clear who killed the men and why, […]

Your daily guide to community and cultural activities across the Emirates for December 13, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Performances Visit Nation Galleria and enjoy fun, family-friendly performances by Italian street acts, including Raoul the Pizza Guy, who will serve up comedy, improvisation and interactive gags at his restaurant today. Catch […]

13 December 2016 Riyadh – Over 1,400 digital leaders gathered at the ArabNet Riyadh conference to discuss the latest in digital innovation and entrepreneurship, following the launch of Vision 2030 and the National Transformation Program (NTP). The event was held under the patronage of the General Authority for Small and Medium Enterprises (SMEA), and hosted by King Abdulaziz City of Science and Technology (KACST) and the Badir […]

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