Arabian Post Special

I’m putting my trust in the family-run garage

This was not the first time something had gone wrong with the car Photo: ALAMY (POSED BY MODEL) There are some experiences that you know shorten your life, even if only by tiny increments. One of them is dealing with car trouble and car dealerships. On Monday I took our Citroën – groovy in design but prone to unreliability – to the main dealer for a minor service. […]

October 18

Remember who lost the referendum

The morning after: dejected Yes supporters head home up the Royal Mile in Edinburgh After a lifetime in the business world, Lord Smith of Kelvin is bound to have come across his fair share of chancers. However, I do wonder if he realises what he has taken on in agreeing to hold the coats in the war between Scotland’s political parties over what “extensive” extra powers should […]

October 18

Markets

Asian markets regain some poise

Asian stocks clawed back some of this week’s losses on Friday after a solid set of U.S. data calmed turbulence in global financial markets, though underlying worries about slowing world economic growth kept investors on edge. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS gained 0.2 percent, though it is likely to log its sixth straight week of losses with a fall of 0.5 percent so […]

October 17

Emaar shareholders get AED9b bounty

|By TAP Staff| The Board of Directors of Emaar Properties has approved a Special Cash Dividend of AED 9 billion (US$ 2.45 billion) to be distributed to the company’s shareholders taking the total value of dividends distributed this year to over AED 17.12 billion (US$ 4.66 billion) – one of the largest announced by any listed company in the UAE. The total value of the dividends is […]

October 12

Biz Tech, Economy

Mobogenie unveils free and easy app maker platform

|By TAP Staff| Mobogenie , the fastest growing developer of applications for android and mobile devices, announced the launch of a new app development platform named CYMaker at the Global App Summit in Dubai. Mobogenie claims it will open up the world of app development through a simplified, free of cost solution with no limitations, no hidden fees, and no credit card requirement. Visitors to the Global […]

October 07

Price war looms in oil market

|TAP Special| The oil market scene is turning murky, with indications of a price war developing among major producers to defend their market shares. Crude futures tumbled to a 17-month low on signs that global supply is outstripping demand and by all indications, crude oil is poised to extend the biggest slump in more than two years. To make things worse, Saudi Arabia is said to be […]

October 07

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What's On

Researchers Publish BadUSB Attack Code

Remember BadUSB? If you use a USB device to move digital files from one machine to another, you need to know the latest news on this flaw in design specs that could put your computers at risk. Attack code for this flaw, which is impossible to patch, is now public. Security researchers Brandon Wilson and Adam Caudill released two patches to existing firmware for the Phison 2251-03, […]

October 06

Columns

Sennheiser: Motivated by the customer

German engineering has an outstanding reputation worldwide for quality, technological innovation and reliability, yet in the obsession for perfection, it can miss market opportunities. The German watch industry, for example, with its hundreds of companies, has for long had a fixation for mechanical perfection, but in the process neglected the design aspect and the very quartz technology it had developed on its own. Similarly, Siemens had a […]

October 04

Dubai bourse may see further listings by year-end

Dubai bourse… marked recovery in economy boosts IPOs Dubai bourse ‘may see further listings by year-end’ DUBAI, 1 days ago The Dubai Financial Market could see one more company list on the stock exchange before the end of the year in addition to the already-announced share sale by a healthcare and education start-up, its chairman said on Thursday. Initial public offerings in the emirate dried up in […]

October 03

ICD’s Africa investment unlocks billion dollar Dubai deals

|TAP Special| When state-owned Investment Corporation of Dubai announced last month that it was taking a minority stake in Nigeria’s largest cement manufacturer Dangote Cement for $300 million, it seemed like something coming out of the blue. But things began to fall in place this week, when the African conglomerate’s chairman Aliko Dangote announced in Dubai that he was contemplating billions of dollars worth of investments in […]

October 01

Amanat Holdings to launch $374m IPO in Oct

Boost for healthcare, education Amanat Holdings to launch $374m IPO in Oct DUBAI, 4 hours, 0 minutes ago UAE-based Amanat Holdings, a healthcare and education start-up, will launch a Dh1.375 billion ($374 million) share sale offering on the main Dubai bourse in October, the firm said in a statement on Tuesday. The initial public offering is set at a price of Dh1.02 ($0.27) per share, representing 55 […]

September 30

Lebanon could be ‘new Dubai’ in a decade

| By TAP Staff| A report titled Future of Travel by flight comparison website Skyscanner predicts that Lebanon will be the ‘new Dubai’ in a decade’s time. The report looks at how hotel rooms and holiday destinations could change over the next decade. It lists 50 destinations that could emerge as holiday hotspots over the next 10 years, ranking them according to the projected growth per annum […]

September 30

Should Chelsea FC be allowed to borrow Twickenham Stadium for a season?

New home? Chelsea could move to Twickenham while Stamford Bridge is redeveloped Photo: PA YES, the sort of widespread disruption that once accompanied football matches is a thing of the past, says Jim White. The very idea of Chelsea fans arriving in Twickenham has apparently put some locals in a state of high anxiety. They are terrified for their hubcaps, petrified about their herbaceous borders, panicked about the […]

September 29

Politics

Hong Kong democracy protesters clog streets

Defiant pro-democracy demonstrators remained on the streets of Hong Kong’s financial center early Monday, after a day of protest-fueled clashes that left at least 38 people injured. Despite calls from organizers for them to return home, many of the protesters continued to jam streets of the business district. The demonstrations, which authorities have intermittently attempted to disperse by force, follow a week of student-led boycotts and protests […]

September 29

Middle East

Michael Harari, Israeli Agent Likened to James Bond, Dies at 87

By BRUCE WEBER September 27, 2014 Michael Harari, an Israeli intelligence agent who led the hit squad that was sent to avenge the murders of 11 Israeli athletes by Palestinian terrorists at the 1972 Olympic Games in Munich, died on Sept. 21 in Tel Aviv. He was 87. His death was reported by The Associated Press, citing a statement by Israel’s prime minister, Benjamin Netanyahu, who called Mr. Harari […]

September 28

Middle East

Turkey Inching Toward Alliance With U.S. in Syria Conflict

Turkish Kurds watched Kurdish forces battle with Islamic State militants across the border in Syria on Saturday. Turkey fears the fight against the Islamic State may embolden Kurdish separatists. By ANNE BARNARD and MARK LANDLER September 27, 2014 KARACA, Turkey — No American ally is closer to the threat of the Islamic State than Turkey, and no country could play a more important role in a coalition that President Obama is […]

September 28

Middle East

Yemeni Rebels Fire at U.S. Embassy

Supporters of the Shiite Houthi movement in Sana, Yemen, standing around the coffins of their comrades killed in recent fighting. The rebels seized control of much of the capital last week. By REUTERS September 27, 2014 SANA, Yemen — A splinter group of Al Qaeda fired a rocket toward the United States Embassy in Sana on Saturday, wounding local guards. In a post on Twitter, the group said […]

Jadwa acquires Jeddah-based waste management firm

Al Sudairy … GEMS is a leading player Saudi group buys waste management firm for $300m RIYADH, 1 days ago Jadwa Waste Management Opportunities Fund, a unit of leading Saudi Arabian private equity house and investment bank Jadwa Investment, has acquired Global Environmental Management Services (GEMS) together with its co-investment partners in a deal valued at around $300 million. The acquisition was funded by funds managed by […]

Genesis offers financial monitoring class

Genesis offers financial monitoring class DUBAI, 1 days ago Genesis Institute, a leading financial trainer, has launched courses in financial monitoring for businesses to enable them to analyse their performance, reduce losses, improve profits and detect accounting fraud. “You don’t have to be a finance expert in order to see when you’re business is in jeopardy and in fact, it is crucial to be able to tell […]

Deloitte Middle East hires 700 new staff

Deloitte Middle East hires 700 new staff BEIRUT, 2 days ago Deloitte Middle East, a leading provider of audit, tax, consulting, and financial advisory services, hired 700 new people this year while continuing to deliver double digit growth, said the company’s chairman and chief executive. “The firm is also investing heavily in its internal systems and in developing world-class expertise in such areas as cyber security, Private […]

Brocade unveils Vyatta SDN controller

Brocade unveils Vyatta SDN controller DUBAI, 21 hours, 28 minutes ago Brocade, an American technology company specialising in data and storage networking products, recently introduced the Brocade Vyatta Controller as part of the company’s strategy that delivers an open and modular networking platform for cloud service providers. The Software-defined networking (SDN) controller from Brocade that is scheduled for general availability in November this year is a key […]

September 26

Dubai Pearl in trouble again

|TAP Special| The star-crossed Dubai Pearl project is in trouble again. Work on the project, which has a history of chronic fund shortages, missed deadlines and botched up designs, has been completely stalled and expectations of an early resumption of construction have been belied. In the wake of defaults of various nature, the structure faces the risk of even a second demolition, according to insiders. After the […]

September 26

Participation in Syrian Airstrikes Reflects Saudi Fears

As airstrikes led by the United States against the militant group Islamic State continued on Wednesday, for the first time in over two decades – Saudi Arabia and several other Gulf monarchies openly joined the campaign. While Arab participation in the strikes is of more symbolic than military value, analysts described it as a bold move for a group of countries that for long preferred to act […]

M2M connections to account for 10pc of mobile market

Several factors could stimulate growth in the sector toas many as two billion by 2020. M2M connections to account for 10pc of mobile market ATLANTA, 1 days ago Cellular machine-to-machine (M2M) communications will account for at least 10 per cent of the global mobile market by 2020, according to a new study by GSMA Intelligence, the research arm of the GSMA. The study, entitled ‘Cellular M2M forecasts […]

The five must-have tools for everyone in real estate

Staying in touch with technology is crucial for success The five must-have tools for everyone in real estate RIYADH, 1 days ago As new technologies continue to evolve, the necessary tools for success in the real estate industry have developed. It has become essential for real estate agents, developers, buyers, and sellers to take advantage of the features provided by the innovative apps, devices, and technology that […]

Aircraft lessors wary as new rivals crowd into aviation

Demand for aircraft leasing is expected to stay steady. Aircraft lessors wary as new rivals crowd into aviation ISTANBUL, 1 days ago By Tim Hepher Aircraft leasing companies voiced confidence in steady jetliner demand, but warned new aviation investors that they may take a painful hit when central banks start unwinding their efforts to stimulate the economy. Deterred by poor returns elsewhere as interest rates remain at […]

M2M connections to account for 10pc of mobile market