Just in:

News related to
First

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. […]

Dubai’s Awqaf and Minors Affairs Foundation (Amaf) launched a donation campaign on Thursday for the Salma food relief programme in an attempt to produce and distribute one million, long-life, halal meals to victims of wars and natural disasters around the world in 2015. The project, named after the UAE’s first female Emirati nurse, Salma Al Sharhan, will provide food packaged to withstand extreme weather conditions and remain […]

In another sign of the ongoing changes in online search, Yahoo is testing a search partnership with Google. The search giant confirmed in a statement that “Yahoo is currently testing search results and ads from a number of partners, including Google as one of their options.” A Yahoo spokesperson told us, “As we work to create the absolute best experiences for Yahoo users, from time to time, […]

A funeral on Thursday in Ashmoun, in the Nile Delta, for First Lt. Mohamed Ashraf, one of the soldiers killed Wednesday in a militant attack in the Sinai Peninsula. By KAREEM FAHIM and MERNA THOMAS July 2, 2015 CAIRO — Egypt’s military killed 23 militants in the northern Sinai Peninsula early Thursday, a senior security official said, as the government sought to reassert control and eradicate what it called the area’s […]

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 […]

MUMBAI Indian property firm Housing.com, backed by Japan’s SoftBank, ousted its co-founder and chief executive officer on Wednesday, marking the first major management upset at one of the country’s largest start-ups. Housing.com’s boss Rahul Yadav had been at odds with his investors for months and even resigned in April in a letter where he was highly critical of the company’s investors. He later withdrew that resignation. But […]

REUTERS – Indian e-retailer Infibeam filed a draft prospectus for an initial public offering (IPO) to raise 4.5 billion rupees ($70.69 million), becoming the first of India’s ecommerce companies to list its shares on the domestic market. Infibeam’s IPO comes at a time of intense competition in India’s e-commerce sector, with high cash burn rates at industry leaders Flipkart, Snapdeal and Amazon.com’s India unit raising concerns among […]

Advertisements

UAE. 85 percent of financial institutions from around the world reported that their boards of directors currently devote more time to oversight of risk than they did two years ago, while 79 percent felt that increasing regulatory requirements and expectations were their greatest challenge, according to the ninth edition of Deloitte’s Global risk management survey. In addition, the most common board responsibilities are approving the enterprise-level statement […]

Open Source By ROBERT MACKEY Apparently undeterred by the backlash over its last venture into cartoon diplomacy, Israel’s government released an animated video on Tuesday that equates the threat from Islamic State militants to that of a nuclear-armed Iran. The 28-second animation, uploaded to Prime Minister Benjamin Netanyahu’s official accounts on social networks, attempts to erase the distinction between the Sunni Muslim extremists of the Islamic State […]

|By TAP Staff| Dubai announced plans to build the world’s first fully functional 3D printed building, an ambitious move that will establish the UAE’s position as the global centre of technology in architecture construction and design. The building will be located close to the ‘Museum of the Future’, launched earlier this year in Dubai, and will act as temporary headquarters for its staff. It will be approximately […]

The United Church of Christ, one of the largest Protestant denominations in the United States, overwhelmingly approved a resolution Tuesday calling for divestment from companies that profit from Israel’s occupation or control of Palestinian territories and to boycott products from Israeli settlements. Approval came at the church’s general synod in Cleveland, where delegates voted 508 to 124 in favor, with 38 abstentions. It was one of two […]

|TAP Special|Emirates has released a point-by-point rebuttal of subsidy allegations, asserting that the US legacy carriers got the facts wrong, got the law wrong, and set their sights on an outcome that will be wrong for American consumers, communities and the national economy. This is the airline’s response to allegations of subsidy and unfair competition leveled by the “big three” US legacy carriers – Delta, United and […]

Under a new 10-year agreement that starts in 2016, AOL will be taking over a large part of Microsoft‘s display ad sales for numerous sites and services, including MSN, Xbox, Outlook.com and Skype. As part of the partnership, announced Monday, AOL will adopt Microsoft’s Bing as its exclusive provider of search and search advertising services across all of its properties. In a separate deal, first reported Monday […]

It looks like 2015 will be the remembered as the summer of dueling mobile offerings. Only days after T-Mobile said it would begin allowing users to upgrade their smartphones up to three times a year, Sprint promised to go “All-In” with a new pricing structure that offers unlimited talk, text, and data for $80 a month. The company, which is the third-largest wireless carrier in the country […]

Shares of the biggest U.S. banks fell, led by a 2.2 percent decline in Citigroup Inc., after talks to provide Greece with additional bailout aid failed and the Greek government imposed capital controls. The Standard & Poor’s 500 Financials Index slid as much as 1.1 percent, the biggest decline in almost seven weeks. JPMorgan Chase & Co., the largest U.S. bank by assets, dropped 1.9 percent and […]

Two freshly delivered Amazon boxes are seen on a counter in Golden, Colorado August 27, 2014. Reuters/Rick Wilking/Files   CHICAGO Amazon.com Inc will launch its business loan program for small sellers later this year in eight more countries including China, where credit is becoming a key factor in competing for new vendors and grabbing market share. Until now, the e-retailer has offered the service only in the […]

UAE. A new report by The Boston Consulting Group (BCG), a global management consulting firm and the world’s leading advisor on business strategy, delves into the challenges faced by Exploration & Production (E&P) companies here in the GCC region. The fact is, these are trying times for E&P companies globally. Following more than a decade of strong financial returns, the industry has experienced several difficult years caused […]

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 […]

BEIRUT, Lebanon — Thousands of Kuwaitis, both Sunnis and Shiites, marched Saturday in a funeral procession for the 27 victims of a suicide bombing at a Shiite mosque during communal prayers the day before, an attacked claimed by the jihadists of the Islamic State group. The Kuwaiti authorities were questioning a number of people to determine whether they were connected to the plot, and the Interior Ministry […]

|TAP Special| Singapore’s importance as an oil trade centre has received further boost with Platts adopting e a new system from next month for determining oil product values with reference to loadings out of the city state as well as Malaysia. This is expected to encourage use of regional oil storage facilities. According to Reuters, the change in how fuel oil, diesel, jet fuel and gasoline are […]

VIENNA — Secretary of State John Kerry began on Saturday what the Obama administration hopes will be the final push for a nuclear accord with Iran, just three days before a deadline for concluding an agreement. However, American officials have almost discounted the notion that a deal will be made by Tuesday’s deadline. Their goal is to bridge a number of technical and political divides over the […]

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 […]

DUBAI // Mahra Mustafa has been surprised and delighted by the reaction from visitors to the UAE Pavilion at the Milan Expo. The Emirati actor, 9, who stars as Sara in The Family Tree – a short film on the UAE’s heritage being screened at the pavilion – has become an instantly recognisable face at the Expo. “At first I was scared because I didn’t know if […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA