|By Matein Khalid| If ever there was a year to win or lose money big time in emerging markets, 2016 was it. As an investor in the world’s dark alleys (the Third World rebranded as EM!), I am forced to dissect geopolitical, government/monetary policy, foreign exchange, flows, positioning and current account, volatility and credit cycle trends across emerging markets to develop money making strategies. It helps that I […]
Researchers at IBM say they’ve achieved a “significant milestone” in an emerging type of memory technology called phase-change memory (PCM). Because it doesn’t lose data when power is turned off and can endure millions of read-write cycles, PCM could eventually enable new levels of performance in a wide range of devices. During a demonstration today at the International Memory Workshop in Paris, IBM researchers showed how they […]
The Firefox Web browser has overtaken both of Microsoft’s browsers put together when it comes to market share, according to a new report. That’s the good news for Mozilla, which develops Firefox. The bad news is that Google’s Chrome browser is leaving both Mozilla and Microsoft in the dust. According to the latest figures from Statcounter, 60.5 percent of worldwide users opted for Chrome as their browser […]
Since shortly after Twitter launched in 2006, users of the microblogging site have generally been limited to tweets of no more than 140 characters each. However, the company is reportedly considering a change to eliminate images and links from that limit. The length restriction on tweets made sense in the pre-smartphone era, when SMS text messages had to abide by similar limits. But today’s much more powerful […]
Tripoli: Libya’s new unity government said Tuesday it wants warplanes and helicopters to fight terrorists as it hailed international support for lifting a longstanding embargo on weapons sales. International backing to lift the embargo, in place since 2011, is “fundamental to the creation of a strong army… capable of fighting the jihadist Islamic State group and other extremist groups”, Deputy Prime Minister Mussa Al Kony said. On […]
Markets move ‘sideways-to-soft’ ahead of Ramadan amid fears international markets will not be robust Dubai: UAE indices fell on Monday, extending losses for another session as traders repositioned themselves ahead of the Ramadan season. The Dubai Financial Market General Index (DFMGI) closed 0.43 per cent lower at 3,290.37, while the Abu Dhabi Securities Exchange General index closed 0.66 per cent lower at 4,345.31. “UAE markets are moving […]
|By Arabian Post Staff| Saudi Arabia ranks among the top dozen foreign holders of U.S. debt, the Treasury Department disclosed, breaking its silence on the issue for the past four decades. “The stockpile of the world’s biggest oil exporter stood at $116.8 billion as of March, down almost 6 percent from a record in January, according to data the Treasury disclosed Monday in response to a Freedom-of-Information […]
Ministry has been also taking steps to intervene in the market on time so that consumers are not affected by price rise New Delhi: Keen to prevent a repetition of last year’s skyrocketing prices of onions and pulses, the union Food and Consumer Affairs Ministry is taking steps to prepare timely import plans and also set up buffer stocks of these items, official sources said here on […]
They hog resources, take too long to load and are often embedded with malware. That’s why Google is planning to phase out Adobe Flash videos in its Chrome Web browser by the end of this year. Google disclosed its plan to ditch the multimedia player in a proposal that was published on its Chromium-dev Google Groups page last week. Instead, Chrome will transition to HTML5 as its […]
Concerns about identity theft, financial fraud and business or government tracking are creating a “chilling effect” on online commerce and free expression, according to analysis of data from a 2015 survey of Internet use conducted for the Department of Commerce’s National Telecommunications and Information Administration (NTIA). Of the 41,000 households asked about privacy and security in the July 2015 U.S. Census Bureau survey for the NTIA, 19 […]
…at least not without saying something about it. I thought this pet peeve belonged just to me, but apparently there are quite a bunch of folks that hate this. And it’s not often that one sees a disguised “colorful” metaphor in the title of a Car Lust post. But if there’s one method of bad driving that gets my blood boiling… it’s people that think they have […]
|By Arabian Post Staff| Emirates Islamic and French financial institution Natixis announced the completion of a US$50 million Collateralised Murabaha deal on the Nasdaq Dubai Murabaha Platform. It is the largest collateralised Murabaha transaction closed by Emirates Islamic this year, and the first of its kind executed on the Nasdaq Dubai Murabaha Platform. A joint initiative between Nasdaq Dubai and Emirates Islamic, Nasdaq Dubai’s Murabaha platform provides […]
|By Arabian Post Staff| Dubai ports operator DP World Ltd. has selected more than a dozen banks for its sale of Islamic bonds in a deal that may be announced as early as Monday, Bloomberg reported quoting two people familiar with the issue. A benchmark-sized issue usually raises at least $500 million. The agency said 15 lenders have been hired for the offering of dollar-denominated, benchmark-sized securities, said […]
DUBAI // Fair to partially cloudy weather will make it hazy at times on Sunday and similar conditions are expected to persist over the next few days. Although moderate to fresh winds of 38kph will help to lower temperatures along the coast relative humidity will increase at night and in the early hours of Monday morning. “The relative humidity will increase during night and early morning times […]
Radio-frequency identification (RFID) tags have proved useful for things like tracking inventory, but they haven’t worked in games and other applications that require fast information processing — until now. A team of researchers from Disney and Carnegie Mellon University have developed a way to use RFID tags for near-real-time interactions with a wide variety of objects. The new system, called RapID, uses probabilistic models to enable computers […]
In the latest salvo of the battle of the note-taking apps, Google and Evernote announced this week that Google Drive content will now be available in Evernote. In the world of mobile note-taking apps, Evernote is the primary competitor of Microsoft’s OneNote. Evernote had also been competing with Google’s own note-taking app, Google Keep, but Evernote said that integrating with Google Drive content is a natural next […]
A new study from Microsoft has found that organizations now rely more on digital infrastructures than they do on physical infrastructures. The findings indicate that cloud deployment models have now overtaken any other type of deployment in the technology sector, according to the company, which asked tech research firm 451 Research to conduct the study. “As organizations prepare for major business and technology changes, they will depend […]
|By Arabian Post Staff|The heads of governments of two tax havens, under spotlight for disclosures of corruption and black money, advised major world players including the US to set their own houses in order before bullying small territories like theirs. Addressing an anti-corruption summit in London on Thursday, Allan Bell, chief minister of the Isle of Man, and Cayman Islands Premier Alden McLaughlin called on the U.S. and […]
The latest developer version of Opera Software’s browser features a power-saving mode the company said can extend a laptop’s battery life by almost 50 percent, compared to previous versions of the browser as well as Google Chrome. Opera 39 includes a feature that activates when a laptop is unplugged from a power source. When that happens, a battery icon appears next to the browser’s search and address […]
German tech giant SAP said that it will be expanding the enterprise offerings available on its HANA Cloud Platform for Internet of Things (IoT). Making the announcement at the IoT World 2016 conference being held in Santa Clara, Calif., this week, SAP said the new offerings will be focused on helping enterprises provide new customer outcomes. “SAP is helping customers map their journeys through digital transformation, and […]
A long-rumored app from Google aims to make browsing with a mobile device easier than ever. The company today launched Gboard, a new application for iOS that enables Google search directly from a mobile device’s keyboard. The app makes searches simpler and also offers swipe-based typing and access to GIFs and such commonly used keyboard functions as emojis and word predictions. And the keyboard integrates directly with […]
INTERNATIONAL. /PRNewswire/ — The CFO has never been held more accountable for the company’s success, and the ability of finance teams to extract value from company data is the key to delivering on the chief executive’s expectations. Oracle’s study, Modern Finance: Driving Transformation from Within, found that closer alignment between the CFO and CIO is crucial if finance leaders are to effectively help the business achieve its […]
UAE. According to a new survey released by PwC Middle East, capital projects and infrastructure has been greatly impacted by slowdowns and deferrals of government spending as a result of ‘lower for longer’ oil prices. PwC Middle East’s survey titled “Delivering during change” includes responses from over 130 owners and developers across the region from a range of sectors including transport, cities and urban development, social infrastructure, […]
UAE. The Middle East and North Africa (MENA) region witnessed only two IPOs raising US$615.0m in Q1 2016, representing another quarter with limited IPO activity, according to EY. Capital raised through MENA firms in Q1 2016 increased by 141%, while the number of IPOs were consistent (2 IPOs), compared with Q1 2015. Phil Gandier, MENA Transactions Leader, EY, says: “Q1 2016 witnessed limited IPO activity, in line […]
