Five teams, comprising eight young scientists, were selected as finalists in the Genes In Space competition, which challenges pupils to design experiments to be conducted in space and encourages future talent for the industry. ABU DHABI // Eight UAE pupils are a step closer to contributing to the development of space travel after their experiments were chosen to be the final five in the Genes in Space […]
Dubai, United Arab Emirates, November 20, 2016-(ME NewsWire) Cengage, a global education and technology company, provided higher education representatives from the Middle East with a range of digital solutions at The Digital Education Show Middle East 2016. The event took place from November 14 to 17 at The Conrad, Dubai. The company focused on conveying the benefits of a range of digital platforms including MindTap, WebAssign, OWLv2, […]
The International Space Station has tracked Hurricane Matthew all week, providing images and video from low Earth orbit as the storm hit the Caribbean Sea and made its way towards Florida. In this photograph taken by Expedition 49 Flight Engineer Kate Rubins on Oct. 4, 2016, at 21:05 GMT, the hurricane’s clouds extend across the frame. Source link
GOES-R, the most advanced weather satellite of the United States was launched on Nov 19, Saturday. The rocket, carrying the satellite lifted off with jets of orange and yellow flames aiming to enter an orbit that is 22,000 miles above the Earth. Launched atop an Atlas V rocket, GOES-R is a collaborative mission between NASA and National Oceanic and Atmospheric Administration (NOAA). The four-satellite program (GOES-R/S/T/U) is seeking […]
Solar panels at the moment are not super-affordable, and they are not yet at a position where homeowners could replace their regular roofs with only solar panels. However, Elon Musk, the man behind Tesla and SpaceX, is hoping to make some big changes in this field. Not long ago, Tesla merged with SolarCity, and 85 percent of the shareholders approved the deal. Now, after a meeting with […]
Iuna Al Hashemi remains remarkably calm as she discusses the “very challenging” business year for Bahrain’s national telco, Batelco. Once a monopoly, Batelco is now facing a crowded market, with strong competition from Kuwait’s Zain and Saudi Telecom Company-owned VIVA, as well as about ten internet providers for 1.4 million residents. Current economic conditions are making it increasingly difficult to keep up margins. Batelco Group, the […]
Engineers at NASA’s Langley Research Center in Hampton, Virginia, used lasers inside the 14- by 22-Foot Subsonic Tunnel to map how air flows over a Boeing Blended Wing Body (BWB) model – a greener, quieter airplane design under development. Source link
Facebook unveiled a share buyback scheme on Friday, saying it would repurchase up to $6bn of its stock as its investors brace themselves for slower growth next year. In a regulatory filing, Facebook said that the board had approved the buyback on Friday. It will begin in the first quarter of 2017 but the scheme has no set expiration, leaving Facebook the flexibility to be opportunistic if […]
For the South Koreans who are binge-viewing all six seasons of Game of Thrones on HBO Asia, the rise, and now anticipated fall, of their 11th president will be familiar territory. There are obvious parallels between South Korea’s fragile co-existence with its unpredictable neighbour and the geopolitics of George RR Martin’s fantasy world, in which the dark forces in the north are held at bay by a […]
Neel Kashkari picked a bad day to try to fix the financial system. As the president of the Federal Reserve Bank of Minneapolis unveiled a plan to safeguard the biggest banks on Wednesday morning, shares in the likes of JPMorgan Chase, Bank of America and Citigroup were coming off five days of frantic gains. Analysts, meanwhile, were still pumping out research notes, trying to guess what a […]
Klampfer Middle East and Brayan Group have formed a partnership enterprise to service the UAE’s mechanical, electrical and plumbing (MEP) sector. Klampfer-Brayan Electromechanical Contracting (KBEC) was conceptualised by Klampfer Middle East managing director, Günther Hinterberger, and Brayan Group CEO Praveen Sarapure. Hinterberger said: “As a European company with an international engineering portfolio, Klampfer is moving toward increasing and diversifying our Middle East market share beginning with the United Arab Emirates. Our […]
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Bahrain Petroleum Company (Bapco) is in talks with export credit agencies (ECAs) to finance the expansion of its Sitra oil refinery, a project estimated at around $5 billion, sources familiar with the situation said on Thursday. The state-run Bahraini company is talking to seven or eight ECAs to back a component of the project financing, said one of the sources, who added that the financing could be […]
Just over a year ago I conducted a social experiment as a taxi driver behind the wheel of a Careem taxi. Careem is a Dubai-based transportation company, founded in 2012, that allows customers to request a taxi via a smartphone app either immediately or for a later time. In a country where it is a battle to stand on the street under the summer sun for half […]
For much of the last decade the derivatives industry has been caught in the gravitational pull of the Dodd-Frank act, the sweeping piece of legislation meant to contain the risk of another financial crisis. Six years after its passage, US president-elect Donald Trump wants to dismantle the law. The industry, however is not racing to join him. At this week’s Global Financial Leadership Conference, a gathering of derivatives traders, […]
Abu Dhabi Education Council’s (ADEC’s) sixth Abu Dhabi Science Festival (ADSF) is officially underway after it was opened today by Sheikh Nahyan Bin Zayed Al Nahyan, Chairman of Abu Dhabi Sports Council, accompanied by Saeed Eid Alghafli, Chairman of the Executive Office and a member of the Executive Council, Dr. Ahmed Mubarak Al Mazrouei Secretary-General of the Executive Council, Rt. Hon. Donald Wilson, Lord Lieutenant and […]
Airfares tend to take a major chunk out of our travel budget. Getting affordable, let alone cheap, airfares to our favourite destination almost always seems like a difficult task. But according to online travel booking website HolidayMe.com, there are a few tips and tricks to landing yourself a good airfare deal. 1. Always use private browsing while looking for airfares: The cookies enabled in browsers are traceable […]
The Soyuz MS-02 rocket is launched with Expedition 49 Soyuz commander Sergey Ryzhikov of Roscosmos, flight engineer Shane Kimbrough of NASA, and flight engineer Andrey Borisenko of Roscosmos, Wednesday, Oct. 19, 2016 at the Baikonur Cosmodrome. The crew will spend the next four months living and working aboard the International Space Station. Source link
“When the economic crisis hits the elite, it means the suffering is all over the place,” said Malak Rostom, the vice president of the student union. “If we can’t afford it, we can tell how much other people are suffering.” Continue reading the main story Some Egyptians may sneer at the problems of the children of middle- and upper-class families, worried about tuition increases that dwarf the […]
The Middle East will require additional power capacity of 267 gigawatts (GW) by 2030, an increase of 66 percent, according to engineering giant Siemens. The German conglomerate, its outlook for the energy landscape in the region, said growing demand will require and 66 GW of of power over the next 15 years. Siemens’ report maps out the region’s current power generation scenario, upcoming challenges, allocation of energy […]
At the end of last week, the Reserve Bank of New Zealand cut interest rates. It could yet prove the last central bank to do so in the current cycle. For an inkling of why, look no further than the US government bond market. Treasuries are enduring their worst sell-off since the taper tantrum of 2013, when then Federal Reserve chairman Ben Bernanke first signalled the end […]
Qatar’s United Development Co has awarded three contracts worth 716 million riyals ($190.9 million) to develop projects on its Pearl-Qatar real estate project, the company said on Tuesday. Leighton Contracting Qatar had been commissioned for construction work at the main building of Al Mutahidah Towers, while Navayuga Engineering Co was picked to complete infrastructure work at Giardino Village, a residential district. Promer Qatar was given a contract […]
|By Matein Khalid| Donald Trump’s shock win will have a profound impact on the GCC economic constellation via multiple feedback loops. His economic policies mean a much higher US dollar, anathema to GCC economies since it correlates with stock/property market crashes, banking stress and oil slumps. This is the macroeconomic linkage due to the GCC US dollar peg whose lessons the region learnt the hard way in […]
Dubai, UAE, 16 November 2016 Visitors at Middle East Concrete and PMV Live 2016 can look forward to a host of exciting new innovations and product launches such as ground-breaking tractors, road trucks and rear tippers from 21-24 November at the Dubai World Trade Centre. Ford Trucks plans to display a range of 2017-model heavy commercial vehicles including an 1843T tractor and 3543M 6 x 4 and […]
By Paul Sandle | LONDON LONDON Google delivered a vote of confidence in London’s future as a technological hub after the Brexit vote on Tuesday by announcing plans for a new building in the King’s Cross area of the city that will house thousands of extra engineers. Google’s Chief Executive Sundar Pichai said computer science had a great future in Britain, citing the talent pool, educational institutions, […]
