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|By Arabian Post Staff| Senaat, the industrial investment holding company managing the assets of the Abu Dhabi government, announced marginally lower revenue and profits for 2016. The Group claimed a solid performance by operating companies, reflecting the resilience of its business model. Revenues of AED 13.4 billion (2015: AED 14.0 billion) were marginally lower compared to the previous year and total EBITDA also declined slightly to AED 1.8 […]

|By Arabian Post Staff| Chinese operators are on track to launch commercial 5G networks by 2020 and are expected to establish China as the world’s largest 5G market by 2025, according to a new study by GSMA Intelligence and the China Academy of Information and Communications Technology (CAICT). The new study ‘5G in China: Outlook and Regional Comparisons’, which was published today at GSMA Mobile World Congress Shanghai, […]

This glimpse of the future was crafted by: Kate Yoxall When Nicolaus Copernicus proved in the 16th century that the earth actually revolved around the sun, he did more than inflict a breathtaking blow to the human ego. He threw a new paradigm into the atmosphere. Soon brows began to furl with questions around the way that society was configured; if the earth itself was not the centre of […]

|From Anand Vardhan in Denpasar, Bali| The Middle East crisis, which has seen the diplomatic isolation of Qatar last week, is expected to impact Indonesia’s tourism and lead to a consequential drop in foreign earnings. Bali, the single largest tourist destination of Indonesia, has been receiving some 400,000 visitors via Qatar, of which  70% are tourists. The anxiety is all the more heightened as a majority of these […]

|By Arabian Post Staff| Dubai Government is developing a new project development company that will manage projects by Dubai Holding and Meraas Holding, according to a media statement issued on Monday (May 29, 2017). The move is a reflection of the economic reality marked by lower oil price and lower growth outlook that is encouraging governments to consolidate their state-owned businesses to cut costs by creating synergies. It […]

|By Matein Khalid| The financial markets finally cottoned on the increasingly sordid political realities created by the Trump White House. Trump could well be impeached for obstruction of justice if he tried to pressure FBI Director James Comey to drop an investigation on disgraced General Michael Flynn’s contacts with Russian intelligence before the election. The appointment of a special prosecutor to investigate the scandal means Washington is […]

|By Arabian Post Staff| Abu Dhabi Fund for Development (ADFD) dispensed AED3.9 billion in concessionary loans to support four projects and AED1.7 billion in government grants to finance 13 projects last year. Since inception in 1971 till end-2016, ADFD’s total development funding and investment portfolio registered AED80 billion, with the number of beneficiary countries reaching 83. Of this, concessionary loans totalled AED35 billion, while UAE government grants […]

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DUBAI // In an age when so many of the tales told about the Arab world are tinged with despair, there was at least one night set aside to celebrate some good. That’s what the audience wanted, and they came by the thousands to see it first hand. There to hear the inspirational stories were Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh […]

DUBAI, United Arab Emirates: Donald Trump Jr. traveled to Dubai and met a billionaire business partner in the city-state, discussing “new ideas” as the Emirati’s real estate firm still lists possible plans for future joint projects while Trump’s father is in the White House.The Trump Organization has said it won’t make new foreign deals while Donald Trump serves as America’s 45th president. That didn’t affect the Trump […]

“We need to reassess every single thing we are doing as to what we can do to bring an end to this conflict,” added Mr. Beasley, a former governor of South Carolina who was appointed to lead the agency by the Trump administration in March. Continue reading the main story By making Riyadh, the Saudi capital, the first stop on his tour, observers say, Mr. Trump has […]

Predictive analytics and machine learning are two technologies we’re hearing a lot about these days. But do they actually present real opportunities for business value? For Flexi-Van Leasing, one of the largest chassis providers in North America with 12 locations and a fleet of more than 130,000 units, the answer at this point is an emphatic “yes.” Cyberwar and the Future of Cybersecurity The company’s chassis units […]

When The Washington Post broke the story this week that President Trump shared highly classified intelligence from a U.S. ally with Russia, not everything the reporters knew made it into print. Halfway through the story, this paragraph referring to the ISIS plot revealed by Trump appeared: “The Post is withholding most plot details, including the name of the city, at the urging of officials who warned that […]

Orangutans prove to be exceptionally awesome moms. One proof: they nurse longer than any other mammal, sometimes into the ninth year of life. New study findings showed that previous estimates of wild orangutan mothers nursing their offspring for up to seven years may be low. The pattern could actually last up to eight or nine years, particularly when young orangutans would supplement their diet with breast milk during […]

A festival, unlike, say, a concert or exhibition, is a contained, utopian world, with a focus on a set of circumscribed pursuits. Like a highbrow summer camp for adults, festivals offer a jot of escapism, a chance to turn our attention away from some of the weightier issues of the past year. What makes them stand apart from other events is the joy of sharing the same […]

The grandiose reception seeks to convince Mr. Trump that his priorities are theirs, too, and that they are indispensable partners in fighting terrorism, in confronting Iran, in bolstering American businesses and perhaps even in pursuing peace between Israelis and Palestinians. Continue reading the main story “It is a remarkably buoyant moment for them,” said Stephen A. Seche, a former United States ambassador to Yemen and the executive […]

A recent poll put Mr. Raisi in second place in the race for the presidency, with 27 percent of the projected vote. The same poll, by the Iranian Students Polling Agency, projected that the incumbent president, Hassan Rouhani, will get around 42 percent, depending on the turnout on Friday. Continue reading the main story On Monday, though, the second-most-popular conservative in the race, Mohammad Bagher Ghalibaf, the […]

Transporting methane from gas wellheads to market provides multiple opportunities for this greenhouse gas to leak into the atmosphere. Now, an international team of researchers has taken the first step in converting methane directly to electricity using bacteria, in a way that could be done near the drilling sites. (via WSJ)

Havana gets its first major luxury hotel The Gran Hotel Manzana Kempinski La Habana, Havana’s first international luxury hotel, is open for bookings from June 1. The 246-room property was originally built between 1894 and 1917 as the city’s first European-style shopping arcade, Manzana de Gómez. Rooms have high ceilings and French doors, and there’s a rooftop pool, three restaurants, a cigar lounge, fitness centre and spa. […]

Japan has recorded its longest run of sustained growth in more than a decade as stimulative policy and a healthier global economy lead to a period of robust progress. Growth for the first quarter of 2017 came in at an annualised 2.2 per cent, according to the Cabinet Office, marking five quarters of continuous expansion in gross domestic product. The figure beat the consensus analyst forecast of 1.7 […]

Australian enterprise software provider TechnologyOne has announced its enterprise software-as-a-service (SaaS) solution has been certified to the highest standard by the federal government. According to TechnologyOne, it is the first and only company in the country to receive the certification from the government’s Information Security Registered Assessors Program (IRAP), an initiative from the Australian Signals Directorate (ASD) aimed at providing high-quality IT services to government in support […]

Scientists have for the first time fabricated a nanomaterial made from nanoparticles of a titanium oxide compound (Ti4O7) that is characterized by an extremely large surface area, and tested it as a cathode material in lithium-sulphur batteries. The highly porous nanomaterial possesses high storage capacity that remains nearly constant over many charging cycles. (via WSJ)

Your daily guide to community and cultural activities across the Emirates for May 18, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi Art workshop Take […]

By Anggy Polanco | SAN CRISTOBAL, Venezuela SAN CRISTOBAL, Venezuela Venezuela said it was sending 2,000 soldiers on Wednesday to a border state that is a hotspot of anti-government radicalism after looting that killed a 15-year-old in the latest unrest roiling the nation. Most shops and businesses in San Cristobal, capital of Tachira state on the Colombian border, were closed and guarded by soldiers on Wednesday, though […]

The welcome Traffic is terrible when I leave the airport, but half an hour into the drive, the pretty side of Prague starts to emerge, a show that’s continued until I’m in the vibrant lobby of the hotel, on a quiet side street. There’s enough time to drink a tall glass of juice as forms are filled in, passports scanned and keys handed over. These keys, by […]

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