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BEIRUT, Lebanon — Two teams of suicide attackers waged coordinated assaults on Monday deep inside Syrian government territory, killing scores of people and piercing a sanctuary for supporters of President Bashar al-Assad. Merely pulling off the bombings was a logistical feat that calls into question the effectiveness of Syria’s defenses. To reach the areas attacked, the jihadists would have had to move large quantities of explosives and […]

INTERNATIONAL. Global inclusion in the internet could bring seven percent of the world’s population – 500 million people – above absolute poverty levels, and add US$6.7 trillion (£4.6 trillion) to global economic output, according to a new study by Strategy&, PwC’s strategy consulting business. The study, for Facebook, encompassed 120 countries over a 10-year period and examines how barriers to accessing the internet could be removed, and […]

DUBAI // A Jordanian man has been arrested on suspicion of raping and killing a seven-year-old boy, who went missing in Sharjah on Friday. Police began searching for the boy after he was reported missing from his home in the industrial area of Sharjah. The 48-year-old was arrested on Sunday morning after police received a report that the body of a child had been found under a […]

This is the age of the disgruntled — in domestic politics and foreign affairs alike. Anti-establishment sentiment within countries is somehow echoed by the way the rule book of international relations is being torn up. These dynamics feed on each other. They are at play in America (the rise of Donald Trump), Europe (growing populism) and Asia (nationalism and an arms race). Finding a way to […]

By DECLAN WALSH May 22, 2016 CAIRO — Egypt has deployed a submersible to help find the wreckage of EgyptAir Flight 804 in the deep Mediterranean waters where it crashed, President Abdel Fattah el-Sisi said Sunday, as he warned that it might take a “long time” before the cause of the crash was determined. An international flotilla of search ships, aided by surveillance planes, was scouring a section of […]

By HELENE COOPER May 21, 2016 WASHINGTON — An American drone strike targeted the leader of the Taliban, Mullah Akhtar Muhammad Mansour, in Pakistan near the border with Afghanistan, United States officials said on Saturday, in the most significant American incursion inside Pakistan since Navy SEALs killed Osama bin Laden, the Qaeda leader, in 2011. In a statement issued on Saturday, Peter Cook, the Pentagon press secretary, said the […]

The SWIFT logo is pictured in this photo illustration taken April 26, 2016. Reuters/Carlo Allegri/Illustration/File Photo LONDON/CHICAGO Shortly after 7 p.m. on January 12, 2015, a message from a secure computer terminal at Banco del Austro (BDA) in Ecuador instructed San Francisco-based Wells Fargo to transfer money to bank accounts in Hong Kong. Wells Fargo complied. Over 10 days, Wells approved a total of at least 12 […]

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Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. Reuters/Mike Segar/File Photo BRUSSELS – EU state aid regulators aim to rule on Amazon’s tax deal with Luxembourg by July, two people familiar with the matter said on Thursday, and it may order the country’s tax authorities to recover about 400 million euros ($448 million) in back taxes. The […]

Call them the RoboBats. In a recent article in Science, Harvard roboticists demonstrate that their flying microrobots, nicknamed the RoboBees, can now perch during flight to save energy — like bats, birds or butterflies. “Many applications for small drones require them to stay in the air for extended periods,” said Moritz Graule, first author of the paper who conducted this research as a student at the Harvard […]

|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 […]

Alibaba Executive Chairman Jack Ma attends the opening ceremony of the second annual World Internet Conference in Wuzhen town of Jiaxing, Zhejiang province, China, December 16, 2015. Reuters/Aly Song/Files SHANGHAI Alibaba Group Holding Ltd’s chief Jack Ma has cancelled a speech at an anti-counterfeiting conference in the United States after the trade group behind it suspended the e-commerce giant’s recently gained membership. Alibaba has been dogged for […]

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 […]

Dubai: Supporters of Turkish Super Lig club Eskisehirspor on Sunday destroyed their own football stadium, setting the stands on fire and vandalising them in the wake of the club’s last-ever match at the ground. Immediately after the final whistle the pitch was invaded by fans who set about pulling down the goals before turning their attention to the aging stadium. The fracas was a demonstration of disgust […]

ABU DHABI // Solar Impulse 2 landed in safely in Tulsa, Oklahoma on Friday, completing the 11th leg of its round-the-world flight using only solar energy. Piloted by Swiss co-founder Bertrand Piccard, the 1,570-kilometre leg took 18 hours and 10 minutes. It was the project’s third mission flight this year after crossing the Pacific Ocean from Hawaii to California, and then from San Francisco to Phoenix, Arizona. […]

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 […]

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, […]

|By Matein Khalid| The April payrolls data demonstrated that US economic growth has hit a soft patch. The US economy only added 160 jobs in April, less than the expected 203,000 average in the first three months of 2016. One disappointing data point does not imply a macroeconomic trend reversal since the US economy added 2.8 million jobs between March 2015 and March 2016. Statistical and measurement errors […]

The workplace chat app Slack is making a move to leave a mark on enterprise apps of all kinds. Today, the company announced that it’s rolling out a new feature called Sign in with Slack. The feature lets Slack users sign into and use other apps with the same identities they use with Slack. Sign in with Slack is a way to keep teams connected across the […]

Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. Reuters/Mike Segar/File Photo Amazon.com Inc launched a service on Tuesday that allows users to post videos and earn royalties from them, setting up the world’s biggest online retailer to compete directly with Alphabet Inc’s YouTube. The service, called Amazon Video Direct, will make the uploaded videos available to rent […]

|By Arabian Post Staff| The UAE has earned the distinction of being the fastest growing market in the world for card transactions. The UAE is a clear front runner in a rapidly expanding regional payment environment as card transactions experienced an estimated 10 percent growth in 2015 compared to the previous year, amid a total 24 per cent growth in the MEA region, making it the fastest expansion rate in card transactions in […]

|By Arabian Post Staff|In further signs of consolidation by pro-reform Saudi Deputy Crown Prince Mohammed bin Salman, Saudi Arabia’s King Salman ordered the replacement of his central bank chief and Oil Minister Ali Al-Naimi, the most influential personality of the oil industry yet. The moves  are understood to be influenced by the sweeping economic changes spearheaded by the Deputy Crown Prince as part of his visionary plan […]

Taxi drivers protest against transportation network companies such as Uber and Lyft along with Assembly Bill 2293 at the State Capitol in Sacramento, California, June 25, 2014. Reuters/Max Whittaker/Files   AUSTIN, Texas On-demand ride companies Uber and Lyft suffered an embarrassing defeat in a Saturday election in Austin as voters backed a measure requiring fingerprint background checks for drivers.   The two companies spent more than $8 […]

|By Rashidul Bari | Meet Soborno Isaac Bari, known as “4-Year-Old Einstein,” who has a very strange dream: He wants to get into Harvard at the age of 10, via the SAT. Of course, the SAT can’t determine whether he’s truly ready for college-level courses, but not many 4-year-olds can solve chemistry problems. His knowledge of the periodic table has impressed several academic institutions, including City University of New […]

A cushy government job, cheap fuel, a mortgage-free home and a bit of five-star travel and luxury shopping were never too much to expect in the Gulf. Yet what previously was taken for granted in the oil-rich region is being replaced by something more familiar to the western world: spending cuts, taxation, a scarcity of jobs and even strikes. There’s discontentment among young populations rarely seen before […]

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