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Saudi Arabia … expanding population base ofbrand-conscious consumers.Image: Bigstockphoto. For illustration only. Mall rental rates curbing retail growth in Saudi DUBAI, 15 hours, 58 minutes ago High rental rates in the top-tier malls are deterring the growth of Saudi Arabia’s retail market, a report said, noting that the kingdom is currently facing a great challenge due to scarcity of human resources owing to high attrition rates. Availability […]

UAE.  According to EY’s report ‘How will the GCC close the skills gap?’, employers struggle to retain nationals due to high salary expectations; however, these employers rank young people’s lack of work experience (53%), communications skills (36%), and required skills and qualifications (22%) as further challenges to retention in the private sector. Three quarters of GCC employers feel the education system doesn’t know what skills employers need. […]

According to a recently published white paper, cable boxes have the potential to become protocol-agnostic Internet-of-Things (IoT) hubs and in the process begin to address the competing protocols and closed systems that continue to hold back the IoT industry. The paper was written by Susan Crouse, director of product management for Alticast, which sells products and software for multi-screen viewing and TV interactivity. In the white paper, […]

The Yelp Inc. logo is seen in their offices in Chicago, Illinois, March 5, 2015. Reuters/Jim Young Yelp Inc (YELP.N), operator of consumer review website yelp.com, had temporarily decided not to pursue a sale, Bloomberg reported, citing people with knowledge of the matter. The company has had several interested suitors after which it hired Goldman Sachs Group Inc (GS.N) to help find a buyer, Bloomberg said on […]

BEIRUT, Lebanon — A Saudi prince pledged on Wednesday to give away his entire $32 billion fortune to charitable causes in Saudi Arabia and elsewhere in the world. The prince, Alwaleed bin Talal, said the funds would go to his charity, Alwaleed Philanthropies, for causes like disease eradication, intercultural understanding, women’s empowerment, disaster relief and the electrification of isolated areas. The new pledge by one of the […]

If you’re sick of your smartphone’s shaky Web capabilities and its tendency to lose power after just a few hours, Apple is feeling your pain. According to reports, the company’s next iPhone might offer faster Web connectivity and better battery life, all thanks to a single component. The handset, which by most indications will be called the iPhone 6S, will launch with a chip called the MDM9635M. […]

|TAP Special| Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of the Board of Trustees of the Alwaleed Philanthropies, announced his intention to donate all of his wealth to philanthropy over the coming years to help build a “better world of tolerance, acceptance, equality and opportunity for all.” This $32 billion philanthropic pledge will help build bridges to foster cultural understanding, develop communities, empower women, enable youth, provide […]

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NEW DELHI/MUMBAI Prime Minister Narendra Modi urged more companies to make electronic and digital goods on Wednesday, reviving his campaign promise to bridge India’s digital divide backed by over $70 billion in investment pledges. Launching a “Digital India Week” aimed at popularising the government’s push to connect 250,000 villages by 2019, Modi spoke of the need to boost local manufacturing of electronics – the country’s largest import […]

VIENNA — Iran’s top nuclear negotiator was heading back to Tehran on Sunday to consult with his nation’s top leadership, as negotiators remained divided over how to limit and monitor Tehran’s nuclear program and even on how to interpret the preliminary agreement they reached two months ago. With all sides now acknowledging the talks would need to continue beyond what was once considered the absolute deadline for […]

TEHRAN — Persian carpets were rolled out in the Beit-e Rahbar, the downtown Tehran offices of Iran’s supreme leader, Ayatollah Ali Khamenei, on Tuesday, a sign that important guests were on their way. One by one, members of Iran’s establishment, politicians, clerics and commanders filed in, many exchanging the perfunctory greetings of committed rivals. They sat cross-legged and waited anxiously, knowing a crucial week of nuclear negotiations […]

Sophisticated attacks by an Islamic State branch in Saudi Arabia show the jihadist group is better established there than previously suspected, and that fueled by anger over Arab civil wars, Riyadh’s militancy problem is not going away. A sustained militant campaign could undermine stability in the world’s top oil exporter and birthplace of Islam, one of the few major Arab states that has so far mostly avoided […]

ABU DHABI // Parents have expressed their concern at a decision to close school cafeterias during Ramadan. They say that an equal number of children are not fasting because they are not Muslim or are too young. The Abu Dhabi Education Council, which issued the ruling, said it “does not have a particular policy regarding serving food for students during the holy month of Ramadan, however schools […]

Gold edged higher on Friday, recovering from its lowest in more than two weeks as Greece failed to reach an agreement with its international creditors, although gains were capped by expectations of a U.S. interest rate hike. Asian equities fell as Greece failed again to reach an agreement with its creditors and stumbled towards a default, while major currencies like the euro and dollar drifted as the […]

WASHINGTON — The State Department issued a dismal assessment of Iran’s record on human rights on Thursday, saying that the Iranian authorities had stifled dissent and engaged in “unlawful killings.” The assessment, part of a broad overview of human rights practices around the world, was published one day before Secretary of State John Kerry is to leave for Vienna to try to conclude a nuclear accord with […]

UAE. The latest Towers Watson survey on Health Benefits reveals that employers are investing more in the health of their employees as many Gulf Co-operation Council (GCC) countries have implemented new legislation and amendments to laws that deal with mandates for employee healthcare coverage. These changes are already in effect or will come into effect in phases over the next few years and will implicitly impact employers. […]

Five former members of President Obama’s inner circle of Iran advisers have written an open letter expressing concern that a pending accord to stem Iran’s nuclear program “may fall short of meeting the administration’s own standard of a ‘good’ agreement” and laying out a series of minimum requirements that Iran must agree to in coming days for them to support a final deal. Several of the senior […]

Endangered wildlife list swells in 2015 OSLO, 17 hours, 2 minutes ago The number of animals and plants at risk of extinction rose in 2015 despite government pledges to improve protection, with species under threat ranging from lions in West Africa to orchids in Asia, a study showed on Tuesday. The Red List of Endangered Species, backed by governments, scientists and conservationists, grew to 22,784 species in […]

A logo is pictured at Google’s European Engineering Center in Zurich April16, 2015. Reuters/Arnd Wiegmann BRUSSELS Getty Images [GETTY.UL] has become the latest company to take its grievances with Google (GOOGL.O) to EU antitrust regulators as it accused the world’s most popular Internet search engine of favouring its own images service at the expense of rivals. The complaint comes as the European Commission waits for Google to […]

JERUSALEM — A United Nations investigation found “serious violations of international humanitarian law” that “may amount to war crimes” by both Israel and Palestinian militants in the Gaza Strip during their bloody battle last summer, according to a report released on Monday in Geneva. The report, written by a two-member independent commission of inquiry and submitted to the United Nations Human Rights Council, said that “impunity prevails […]

WASHINGTONSurging investment by Chinese companies in U.S. research labs is yielding a fast-growing trove of patents, part of a push to mine America for ideas to help China shift from being the world’s factory floor to a driver of innovation. Largely absent from American research hubs a decade ago, Chinese firms including Huawei Technologies and ZTE Corp are now using U.S. researchers to create patents ranging from […]

Saudi leaders, whose portraits are displayed at the stock exchange in Riyadh, have not confirmed the leak’s authenticity. By BEN HUBBARD June 20, 2015 BEIRUT, Lebanon — It seems that everyone wants something from Saudi Arabia. Before becoming the president of Egypt, Mohamed Morsi wanted visas to take his family on a religious pilgrimage. A Lebanese politician begged for cash to pay his bodyguards. Even the state news agency […]

ABU DHABI // In her first Ramadan in the UAE, trainer and triathlete Roisin Thomas has pledged to fast Ramadan both to challenge herself, to become a better athletic professional and to empathise with others. “Living here I see the workers on the streets and the carwash boys that go through hours of sweating, so I can really empathise with them,” said Ms Thomas. “I want to […]

UAE. The Dubai Technology & Media Free Zone (the DTMFZ), commonly known as TECOM, is a Free Zone in Dubai comprised of a number of well-known business parks including Dubai Internet City, Dubai Media City, Dubai Design District, Knowledge Village and various others. The DTMFZ was re-launched on Tuesday under the new name Dubai Creative Clusters (the DCC). At the same time, the Dubai Technology & Media […]

San Francisco Nearly 20 percent of Apple Watch buyers are not only shelling out hundreds of dollars for the timepiece but are springing for a spare band too, giving the tech giant a profitable second dip into customers’ wallets, according to data provided exclusively to Reuters. The data from Slice Intelligence, a research firm that mines e-mail receipts, offers a rare window into the money-making potential of […]

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