INTERNATIONAL. – Higher GDP per capita alone does not determine real quality of life. This is according to the Social Progress Index (SPI) 2016 published recently by US-based nonprofit, the Social Progress Imperative. The Index ranks Finland the world’s most socially progressive country, Canada in second place tops the G7 nations. Economic growth is not the sole determinant of quality of life The 2016 Index finds that whist […]
LIBYA. A multi-million redevelopment of Tripoli International Airport is getting ready for take-off following the Libyan Local Investment & Development Fund’s (LLIDF) appointment of PwC as its strategic advisor. The LLIDF is supporting the redevelopment of Libya through its new Investment Programme which includes the redevelopment of Tripoli International Airport into a world-class international airport. Based within a secure hub on the former airport site, the ambition […]
Faster, higher, stronger: those are the three qualities captured in the official Olympic Games motto “Citius, altius, fortius”– to which some will want to add “dubious”. With doping seemingly rife in sport generally and the Russian Olympic team in trouble, it’s hard to see the Rio Games as the embodiment of the famous dictum of Pierre de Coubertin, founder of the modern Olympics, that it’s not the […]
A new research replication project, involving 24 labs and over 2100 participants, failed to reproduce findings from a previous study that suggested that self-control is a depletable resource. The findings are published as part of a Registered Replication Report in Perspectives on Psychological Science, a journal of the Association for Psychological Science. Over the last twenty years, numerous studies have provided evidence supporting the idea that our […]
New discoveries about spider silk could inspire novel materials to manipulate sound and heat in the same way semiconducting circuits manipulate electrons, according to scientists at Rice University, in Europe and in Singapore. A paper in Nature Materials today looks at the microscopic structure of spider silk and reveals unique characteristics in the way it transmits phonons, quasiparticles of sound. The research shows for the first time […]
A Tesla logo adorns a ‘Model S’ car in the dealership in Berlin, Germany, November 18, 2015. Reuters/Hannibal Hanschke/File Photo Tesla Motors Inc and SolarCity Corp have made progress in putting together a deal that will merge the electric car maker and the solar panel installer, people familiar with the matter said. The two companies, which count billionaire Elon Musk as a major shareholder, are in the […]
A study by researchers at North Dakota State University, Fargo, found that 51 percent of labels on e-cigarette liquid nicotine containers from 16 North Dakota stores don’t accurately reflect the levels of nicotine found in the products. In one instance, actual nicotine levels were 172 percent higher than labeled. The majority of e-cigarette liquid containers also did not provide child-resistant packaging. Published in the July-August issue of […]
EGYPT. JLL, the world’s leading real estate investment and advisory firm, today has released its Q2 2016 Cairo Real Estate overview report determining the factors affecting all sectors in the real estate market. In March, Cairo’s Central Bank announced the devaluation of the Egyptian pound from EGP7.78:US$1 to EGP8.85:US$1 in order to boost the banking system to attract foreign investment and finance major projects, as well as […]
INTERNATIONAL. Following the vote to leave the EU, the UK economy is expected to face challenges in the short term, with high levels of uncertainty leading to a slowdown in business investment and lower GDP growth. UK: In light of this, PwC has revised down its main scenario real GDP growth projection for the UK to 1.6% and 0.6% per annum in 2016 and 2017 respectively, down […]
The death of King Albert I of Belgium in 1934 — officially a climbing accident — still fuels speculation. Forensic geneticist Maarten Larmuseau and his colleagues at KU Leuven (University of Leuven, Belgium), have now compared DNA from blood found on the scene in 1934 to that of two distant relatives. Their analysis confirms that the blood really is that of Albert I. This conclusion is at […]
Tesla Chief Executive Elon Musk attends a forum on startups in Hong Kong, China January 26, 2016. Reuters/Bobby Yip/File Photo Tesla Motors Inc (TSLA.O) chief Elon Musk’s ambitious new “master plan” provided a vision of the company as a leader in sustainable energy, but lacked details on how the plan would be funded and executed. Musk sketched out a plan on Wednesday for an integrated carbon-free energy […]
A Tesla logo hangs on a building outside of a Tesla dealership in New York, U.S., April 29, 2016. Reuters/Lucas Jackson/File Photo Tesla Motors Inc Chief Executive Elon Musk Wednesday unveiled an ambitious plan to expand the company into electric trucks and buses, car sharing and solar energy systems. In a blog post titled “Master Plan, Part Deux,” Musk sketched a vision of an integrated carbon-free energy […]
|By Arabian Post Staff|Iran is exploring a return to international debt markets for the first time since 2002, a senior government official said, as the Islamic Republic seeks to finance an economic recovery a year after a historic nuclear deal that offered it a route out of isolation, Bloomberg reported. It quoted Economy Minister Ali Tayebnia, whose ministry is at the forefront of securing Iran’s access to […]
Data centers are notorious for how much energy they require. Now, however, Google thinks it has found a way to mitigate that problem. Over the last few months, the tech giant has been using an artificial intelligence (AI) system built by DeepMind to control certain parts of its data centers to make its vast server farms more environmentally friendly. DeepMind is the British AI company that Google […]
|By Arabian Post Staff|Saudi Arabia will build a maritime complex on its east coast, with shipbuilding capability, to provide sufficient capacity for exporting oil, Bloomberg reported quoting Energy Minister Khalid Al-Falih. The country, the world’s largest oil-producing nation, eventually will have a shipping fleet that will match its oil capabilities, Al-Falih said in Riyadh. Saudi Arabian Oil Co., or Aramco, will need more tankers to meet global […]
UAE. JLL, the world’s leading real estate investment and advisory firm, today has released its Q2 2016 Dubai Real Estate Q2 Overview report that evaluates the impact of Britain’s exit from the European Union on the Dubai Real Estate Market across office, residential, retail and hotel sectors. Dubai caters to the most open real estate market within the region and as a result is more susceptible to […]
|By Matein Khalid|Brexit will have a profound impact on international banking. It was no coincidence that the shares of UK, German, Swiss, Italian, Spanish and other banks fell 20-25% in a single trading session on news of Brexit. Even American money center banks and investment banks with a large footprint in the City of London fell 8 – 10% on Friday, June 24, 2016. As Deutsche Bank […]
The flight to Europe’s sixth-largest city was business travel as it ought to be – on time, comfortable and efficient, with plenty of room to work and relax. Emirates has a very reliable chauffeur service in Dubai to get you to the airport without any fuss. It takes you straight to the dedicated first- and business-class terminal in Terminal 3. Here you will find a spacious check-in […]
A virtual map of Bryant Park is displayed on the screen as a man plays the augmented reality mobile game ”Pokemon Go” by Nintendo in New York City, U.S. July 11, 2016. Reuters/Mark Kauzlarich/File Photo MEXICO CITY A Mexican taxi driver has jumped on the Pokemon GO craze sweeping the world by driving smartphone-armed customers around in search of the augmented reality game’s target creatures. The mobile […]
Efforts to upgrade U.S. communications infrastructure to 5G technology got a big boost from the federal government today. The Obama Administration just announced the launch of a $400 million Advanced Wireless Research Initiative, led by the National Science Foundation (NSF), designed to accelerate the deployment of next-generation wireless technology. The program will invest in efforts by researchers experimenting with and testing novel technologies, applications and services capable […]
During its Shape Tech Expo in San Francisco this weekend, AT&T plans to demonstrate how it is using drones to inspect its cell towers from the air. The company is also looking at other future applications that could include using unmanned aerial vehicles (UAVs) to provide improved LTE coverage during crowded events or disasters. AT&T has been testing various uses for drones over the past year, and […]
PARIS // The UAE embassy in Paris said on Friday that there were no Emiratis among the casualties in Thursday night’s lorry attack in Nice, according to the latest reports from French police. At least 84 people were killed when a large lorry ploughed through revellers gathered for the Bastille Day fireworks on the French Riviera. In a statement via Twitter, the embassy urged Emiratis to fully […]
ABU DHABI // Pet owners are being advised to keep an eye on their cats and to get them microchipped after claims that a number of animals have been mistaken for strays and rounded up by pest-control services. Warnings have been issued by animal welfare groups in Dubai and Abu Dhabi. In the capital owners have desperately been calling around more than 70 pest controllers to try […]
ABU DHABI // More than 700 abandoned vehicles have been impounded by Abu Dhabi Municipality after their owners failed to remove them. The municipality said on Tuesday that it had issued 3,406 warnings to owners of unattended vehicles and impounded 765 vehicles. The moves were part of a campaign in Mussaffah aimed at removing the vehicles, which the municipality said affected the city’s “civilised appearance”. The campaign […]
