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Expansion

Ride-sharing operator Grab has unveiled two new research facilities in Bangalore and Ho Chi Minh City, as well as plans to add more than 800 jobs across six of such centres worldwide over two years. The new hires would support four other R&D sites including Singapore, Beijing, Jakarta, and Seattle, the company said in a statement Wednesday. Its research efforts would focus on building out Grab’s transport […]

By Susan Heavey and Susan Cornwell | WASHINGTON WASHINGTON President Donald Trump and congressional leaders are weighing changes to their plan to dismantle the Obamacare health law, a White House spokesman said Tuesday, as Republicans defended their effort following an estimate that it would cause 14 million Americans to lose insurance next year. Press Secretary Sean Spicer said White House officials and leaders in the Republican-controlled U.S. […]

Photo Mahmoud Abbas, right, the president of the Palestinian Authority, met with Jason Greenblatt, President Trump’s envoy to the Middle East, in the West Bank on Tuesday. Credit Mohamad Torokman/Reuters JERUSALEM — President Trump’s new envoy to the Middle East met on Tuesday with Mahmoud Abbas, the president of the Palestinian Authority, striving in the administration’s first diplomatic undertaking here to maintain a public evenhandedness amid the […]

Authored by Charles Hugh-Smith via OfTwoMinds blog, Those urban regions that pursue decentralized, networked, localized solutions will likely prosper as the adaptive advantages of these principles pay self-reinforcing dividends. In yesterday’s entry, I suggested that rather than bemoan the inevitable failure of centralized “fixes,” let’s turn our efforts to the real solutions: decentralized, networked, localized. To commentators such as Richard Florida, decentralized, networked, localized describes cities. He […]

By David Lawder | WASHINGTON WASHINGTON Fourteen million Americans would lose medical insurance by next year under a Republican plan to dismantle Obamacare that would also reduce the budget deficit, a nonpartisan congressional research office said on Monday, throwing President Donald Trump and Republicans on the defensive as they press forward with replacement legislation. The U.S. Congressional Budget Office forecast that 24 million more people would be […]

QFC to create 10,000 jobs in the private sector QFC to license 1,000 firms by 2022 QFC appoints leading industry heads to Advisory Board QFC to launch New Law QFC launch biggest TV campaign to date Advertisement 14 March 2017, Doha – Qatar Qatar Financial Centre is on track to license 1,000 new firms and create 10,000 jobs by 2022, Qatar Financial Centre (QFC) Authority CEO Yousuf […]

Nervousness in the US stock market has climbed to the highest level since the aftermath of the presidential election, even as equities have charted a mostly smooth path to further all-time highs in recent weeks. Credit Suisse’s fear barometer rose at the end of last week to 35.6, an increase of almost 10 points from the previous week and the highest reading since November 9, the day […]

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HPE and SUSE, a top Linux distributor, have a complex relationship. First, HPE spun and merged its non-core software assets with Micro Focus. Micro Focus owns SUSE, a major Linux provider. Now, SUSE has finished acquiring cloud assets of HPE’s OpenStack Infrastructure-as-a-Service (IaaS), Cloud Foundry Platform-as-a-Service (PaaS), and Stackato, HPE’s Cloud Foundry implementation. SUSE will develop clouds while HPE will sell, support, and maintain them in their […]

The anti-Dutch remarks from Turkey inflamed tensions among the Turkish community in the Netherlands, who protested in Rotterdam until the early hours of Sunday, when they were dispersed by police officers wielding batons and water cannons. The police arrested 12 people, and seven were injured, including a policeman, whose hand was broken. Continue reading the main story Though Turkish law technically bars the practice, Turkish ministers are […]

LONDON HSBC Holdings Plc is lining up Mark Tucker, currently chief executive of insurer AIA Group Ltd, to be the next chairman of Europe’s biggest bank, sources with direct knowledge of the matter said on Sunday. Regulators in Hong Kong and London have signaled they will approve the appointment, one of the sources said, paving the way for Tucker to take up the role in the autumn. […]

Authored by Federico Pieraccini via The Strategic Culture Foundation, While the world continues to decipher, or digest, the new Trump presidency, important changes are afoot within the grand strategic triangle that lies between Russia, Iran and China Away from the current chaos in the United States, major developments are progressing, with Iran, Russia and China coordinating on a series of significant moves crucial for the future of […]

11 March 2017 Abu Dhabi – Yas Viceroy Abu Dhabi serves as an icon of luxury which redefines Yas Island. Its stunning interiors, 499 rooms and suites, 11 dining and lounge areas and wellness facilities are a sure match to the taste of guests looking for an extraordinary experience. Its local and international success during the past years has pushed Viceroy Hotels & Resorts to further develop […]

UK and Gulf scientists will be working together on eight cutting edge research projects, thanks to $3.4 million in UK government funding allocated to research projects in areas ranging from nanotechnology to cyber-security. The funding will strengthen scientific ties between the UK and the Gulf region in order to find solutions to shared global challenges, a statement said. The project is led by the Department for Business, […]

Business conditions in the UAE’s non-oil private sector continued to improve in February, with a sharp increase in inflows of new work underpinning a robust expansion of output, according to a new survey Data from the Emirates NBD UAE Purchasing Managers’ Index (PMI) showed that strong demand conditions and a favourable economic environment encouraged companies to scale up purchasing activity and hire additional workers over the month. […]

Until its defeat and eventual collapse at the end of the First World War in 1918, the German Empire was one of the period’s major colonial powers, expanding its overseas territories rapidly as part of the “Scramble for Africa”, establishing colonies such as German South West Africa and German East Africa that it viewed with a mixture of fascination and contempt. In a forthright attempt to confront […]

Emirates National Oil Company (ENOC) has announced plans to build 10 new service stations in 2017, as part of its 2020 expansion programme to increase its retail network capacity by 40 percent. The group’s plans for this year started with the opening of its new Warsan service station, with other locations to include Sheikh Zayed Road, Al Barsha South, Hessa Street, Sheikh Rashid Road, Bab Al Shams, […]

Dubai-based developer Ellington Properties has launched Belgravia 2 in Jumeirah Village Circle (JVC) after sales sold out in its Belgravia 1 project. The company announced its latest project after saying investors from more than 40 countries bought property in Belgravia 1. It added in a statement that five other Ellington projects have already broken ground that will add over 600 residential units across Dubai. Robert Booth, managing […]

Dubai, 10 March 2017 Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economic Development (DED) in Dubai, along with Dubai Exports, the export promotion agency of DED, will go on a two-week tour of the US on the 11th of March 2017 as part of strengthening the emirate’s engagement with major economies to reinvigorate global trade flows and foreign investment. The mission, which […]

Kuala Lumpur, 10 March 2017 Cagamas Berhad (“Cagamas” or “the Company”), the National Mortgage Corporation of Malaysia, announced its RM2.2 billion equivalent dual currency issuance, comprising a 5-year RM2.0 billion Conventional Medium Term Notes (CMTN) which was issued under Cagamas’ existing RM40 billion Medium Term Notes Programme and a 1-year SGD50 million Sukuk. The issuance was issued through the Company’s wholly-owned subsidiary, Cagamas Global Sukuk Berhad under […]

Saudi Arabia’s non-oil private sector saw a further pick up in growth momentum in February, with business conditions improving at the quickest rate since August 2015, according to a new survey. Data from the Emirates NBD Saudi Arabia Purchasing Managers’ Index (PMI) showed that both output and new orders rose sharply in February, with the rate of expansion in the latter picking up to an 18-month high. […]

HTC announced the U Ultra in early January and as it starts to ship to early pre-order customers the press is getting a chance to spend some time with the device. An evaluation device arrived yesterday for a couple of weeks of testing. After one day, it’s clear the HTC U Ultra is better than I anticipated and brings the best of HTC into one single, and […]

By Susan Cornwell and Yasmeen Abutaleb | WASHINGTON WASHINGTON Republicans pushed ahead on Thursday with their plan for a massive overhaul of the U.S. healthcare system backed by President Donald Trump, despite Democratic concern that the cost of the bill and its impact on the budget remain unknown. Two House of Representatives committees debated the draft legislation late into the night on Wednesday in marathon sessions, two […]

By Dustin Volz and Jonathan Landay | WASHINGTON WASHINGTON The disclosure this week of documents describing secret CIA hacking tools shows that intensified U.S. government efforts to prevent leaks by intelligence agency employees and contractors have largely failed, cybersecurity professionals and intelligence officials say. If the Central Intelligence Agency disclosures are confirmed to be the work of an intelligence agency contractor, as government investigators currently suspect, it […]

Bahrain’s national carrier has announced an expansion to its bundle of pre-paid services, adding seat selection, excess baggage and lounge access. Gulf Air said in a statement that passengers can now purchase these services in advance of their travel, adding that its prepaid excess baggage rates are 20 percent lower than standard airport rates. The airline said it will be introducing this facility to its official website […]

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