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OpenAI unveils ChatGPT Wallet for agent-led purchases // IEA forecasts fourth-quarter oil surplus as Gulf shipments rebound // The Honey Trap Is The Headline, The Chip Pipeline Is The Story // Saudi fund assets forecast to cross $400 billion // L’OCCITANE Celebrates 50 Years Of Provençal Craftsmanship With Holiday 2026 Collection // EBANX and Eneba strengthen partnership in Latin America with 138% YoY growth in payment volume // China Reconciled To U.S. Curbs On Chips Exports, Woos South Korea For Supply // Crescent Enterprises venture arm funds Oyster Therapeutics development // Messi affair SIT finds all-round violations // UAE crews sustain coastal oil removal as beaches reopen // Rooftop solar planning gaps behind power shortages // Nvidia appoints Colette Kress interim chief after Huang departure // Fujairah highway pile-up leaves 14 dead and 30 injured // Microsoft outage leaves Outlook and Teams users disconnected // Hackers falsify NVIDIA GPU readings to mask cryptomining // TORRAS Launches Two New iPhone Duo Cases from Its Popular Ostand Series, Addressing Foldable Phone Users’ Concerns About Difficult Stand Positioning and Scratches // Yicura BioMed Advances Dual Capital and Industrial Strategy： Completes First Closing of Series B Financing Led by Gobi Partners // From Dubai to the EU: how UAE-based crypto firms can expand under MiCA // Sun World Ba Den Mountain marks Vietnam Culture Day, welcoming Cambodian visitors over Bon Om Touk // October Food Price Shock Has Far Reaching Consequences //

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UAE. Asteco, the Middle East’s largest full service real estate company has released its mid-year UAE market report ahead of Cityscape Global, highlighting stability in Dubai with a continued focus towards the affordable segment, in contrast to the high end market which experienced declines of up to 10%.  Affordable apartment units at IMPZ, Discovery Gardens and Dubai Silicon Oasis showed 3%, 6% and 2% sales growth over […]

ABU DHABI // Tariq Lootah, undersecretary of the Minister of State for FNC Affairs and head of the Elections Management Committee, said there would be no further changes to the elections schedule. The start of the FNC elections campaigns was delayed by the three days of mourning for the 45 UAE soldiers killed in Yemen on Friday. Ahmed bin Humaidan, the head of Dubai’s election committee, said […]

|By Matein Khalid| The Federal Reserve could well raise its overnight borrowing rate at the next FOMC monetary policy conclave on September 17. Though contagion from China’s 40% stock market meltdown has triggered bear markets from Hong Kong to Frankfurt and plunged Asian/emerging markets equities into ta ghastly replay of 1998’s epic meltdown (General Suharto’s overthrow, the Russian rouble default, Malaysia’s capital controls, the run on the […]

WASHINGTON — Three Democratic senators announced on Tuesday that they would back President Obama’s nuclear deal with Iran, bringing to 41 the total number of Senate supporters as critics in Congress prepared to open a historic debate on the accord. With the support of the three senators — Richard Blumenthal of Connecticut, Gary Peters of Michigan and Ron Wyden of Oregon — the White House gained additional […]

WASHINGTON — Former Vice President Dick Cheney on Tuesday rallied Republican opposition to President Obama’s agreement with Iran, denouncing it as a “shameful deal” that would risk a new Holocaust and possibly lead to the first nuclear attack since Nagasaki. In a full-throated speech to supporters at the American Enterprise Institute here, Mr. Cheney argued that Mr. Obama and his team had abandoned their own criteria for […]

An eBay sign is seen at an office building in San Jose, California May 28, 2014. Reuters/Beck Diefenbach/Files Ebay Inc released an upgrade to its mobile app for iOS and Android that provides more information to first-time sellers and includes a new dashboard for frequent sellers. Ebay has been trying to improve sales in its core marketplace business after spinning off PayPal Holdings Inc and selling its […]

Saif Al Kaabi, Abdulaziz Al Bloushi and Abdulrahman Al Qaydi all survived the Houthi strike … and all are keen to return to their brothers on Yemen’s frontline to finish the job they started. ABU DHABI // Lying in his hospital bed, Saif Al Kaabi can only think about getting back to the front line. The 26-year-old from Hatta was one of dozens of soldiers injured in […]

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JERUSALEM — In one scene, a group of Jews wrapped in prayer shawls begin reciting a mystical death curse known as the Pulsa Dinura. A man in a suit who has urged them to invoke the angels of destruction promises that their prime minister, Yitzhak Rabin, “will be dead within a month.” In another scene, an actor plays an Israeli amateur photographer who captured the assassination of […]

WASHINGTON — Representative Debbie Wasserman Schultz, the chairwoman of the Democratic National Committee, announced on Sunday that she will support the nuclear agreement with Iran that has roiled many in her Florida district. “I’ll be casting my vote to support the deal and if necessary sustain the president’s veto,” she told Jake Tapper on “State of the Union” on CNN. While she called it a “gut wrenching” […]

JERUSALEM — Prime Minister Benjamin Netanyahu on Sunday rejected calls from opposition politicians for Israel to accept refugees from Syria, saying that Israel was “a very small country that lacks demographic and geographic depth.” He also said that plans to construct a fence along the eastern border with Jordan would go ahead. The Israeli news media has been dominated in recent days by the dramatic reports and […]

The Pakistan arm of Dubai Islamic Bank plans to list a quarter of its shares on the Karachi Stock Exchange in the first quarter of 2016, its chief executive was quoted as saying. Junaid Ahmed said that the bank would benefit from a growing Pakistani economy and investment opportunities from large-scale government infrastructure projects, including a $46 billion project with China, dubbed the China-Pakistan Economic Corridor. “We […]

With oil stock balances next year looking softer and costs coming down, the commodity will trade at $55 and $61 per barrel during 2016 and 2017, respectively, said the Bank of America (BofA) Merrill Lynch in a report. “Looking at the near-term, however, we still believe oil prices will rebound into year-end on a combination of factors,” said the report titled “Global Energy Weekly: Oil at an […]

ABU DHABI // Some had never met them personally, others did not even know their names, but this did not stop thousands turning out for the funerals of two of the fallen servicemen. On Saturday at Bani Yas Cemetery, the services took place for Mohammed Al Hosani and Mohammed Khalid, two of the 45 soldiers killed in the Yemen rocket attack. Mohammed Al Mazroui attended the funeral […]

WASHINGTON — Secretary of State John Kerry told his Russian counterpart on Saturday that the United States was deeply concerned by reports that the Kremlin may be planning to vastly expand its military support for President Bashar al-Assad of Syria, warning that such a move might even lead to a “confrontation” with the American-led coalition, the State Department said. Mr. Kerry called Russia’s foreign minister, Sergey V. Lavrov, “to […]

When it comes to Microsoft Windows 10, the momentum is huge. At least that’s the message Redmond is sending to the masses. Nick Parker (pictured), corporate vice president of Microsoft’s OEM division, took the stage at the IFA 2015 consumer electronics show in Berlin today to talk about the new operating system and how much traction it’s gaining even in the early days of its release. “Our […]

Middle East Video The president and King Salman of Saudi Arabia met at the White House to discuss topics including the Iran nuclear deal and the conflict in Syria. By PETER BAKER September 4, 2015 WASHINGTON — President Obama and King Salman of Saudi Arabia met at the White House on Friday in hopes of moving past their differences four months after the king refused the president’s invitation to […]

Fast-growing, Portland, Oregon-based video-streaming infrastructure company Elemental Technologies is becoming a property of Amazon Web Services. AWS has reportedly clinched a deal to acquire Elemental, which will continue to operate under its own brand name, for $500 million. Founded in 2006, Elemental provides cloud-based software that lets its customers more easily reformat and stream video from live and on-demand sources onto laptops, tablets, smartphones and other devices. […]

Ailing Canadian handset maker BlackBerry Ltd. is working to reinvent itself and spending a pretty penny to do it. The company has agreed to buy Good Technology for $425 million in an all-cash deal. The Good acquisition certainly fits into BlackBerry’s strategy to offer customers stronger mobile security. Good is recognized as a leader in security mobility with solutions that cover all stages of the lifecycle for […]

Middle East Refugees from Syria walked down the railway in Horgos, Serbia, on Sunday before crossing into Hungary. By ANNE BARNARD September 4, 2015 BEIRUT, Lebanon — Arresting images of desperation on the West’s doorstep have brought Syria, for the moment, back to worldwide attention: refugees cramming into train stations and climbing border fences; drowned Syrian toddlers washing up on beaches, a girl in polka dots, a boy in […]

A worker adjusts the logo at the stand of Huawei at the CeBIT trade fair in Hanover March 15, 2015. Reuters/Morris Mac Matzen/Files BERLIN China’s Huawei Technologies unveiled a new smartphone on Wednesday, taking aim at the high end of the market, which is dominated by Apple and Samsung Electronics. The Mate S, launched on the sidelines of Europe’s biggest consumer electronics show, IFA, in Berlin, has […]

UAE. With a 54% decline in the price of oil prices during the past 12 months the United Arab Emirates (UAE) real estate market is now beginning to feel the effect with property transaction levels falling across Abu Dhabi, Dubai and Sharjah, according to the latest research from international real estate consultancy, Cluttons. Cluttons’ annual 2015 UAE Property Report reveals that the direct correlation between hydrocarbon revenues […]

UAE.  Today, Phidar Advisory released its Q3 mid-quarter Dubai residential research note. The report shows that residential prices in the third quarter of 2015 continue to decline, compared to the previous quarter. However, the most significant finding was in a statistical analysis of the relationship between currencies and Dubai real estate prices. “Analysis reveals a significant relationship between three key foreign currencies and Dubai real estate prices,” said […]

ABU DHABI // More than 2,000 pupils at the 21st Century Private Academy are still waiting for classes to begin while their school remains closed four days into the new academic year. On what was to be the first day of class on Sunday, several parents visited the Filipino school and were told by an assistant principal that classes were tentatively scheduled to resume in October. “We […]

ABU DHABI // In three days, the country’s philanthropists have donated Dh40.8 million for the devastated families of Yemen. On Sunday the Emirates Red Crescent (ERC) launched its Yemen: We Care, or Relief for Yemen, fund-raising appeal to help millions of Yemenis suffering in the conflict. The campaign is a part of the UAE’s pledge to help nearly 10 million people affected by the crisis in Yemen. […]

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Just in:
Salik posts Dhs1.045bn profit despite lower toll traffic // EBANX and Eneba strengthen partnership in Latin America with 138% YoY growth in payment volume // Inpex reaffirms Gulf oil strategy despite shipping constraints // Microsoft outage leaves Outlook and Teams users disconnected // Microsoft apologises as Outlook services recover after outage // From Dubai to the EU: how UAE-based crypto firms can expand under MiCA // Fujairah highway pile-up leaves 14 dead and 30 injured // Nvidia appoints Colette Kress interim chief after Huang departure // Rooftop solar planning gaps behind power shortages // IEA forecasts fourth-quarter oil surplus as Gulf shipments rebound // October Food Price Shock Has Far Reaching Consequences // Saudi fund assets forecast to cross $400 billion // Messi affair SIT finds all-round violations // US authorities dismantle North Korean cryptocurrency deception infrastructure // Crescent Enterprises venture arm funds Oyster Therapeutics development // OpenAI unveils ChatGPT Wallet for agent-led purchases // L’OCCITANE Celebrates 50 Years Of Provençal Craftsmanship With Holiday 2026 Collection // Electoral register gains 2.17 lakh voters // China Reconciled To U.S. Curbs On Chips Exports, Woos South Korea For Supply // The Honey Trap Is The Headline, The Chip Pipeline Is The Story //