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Researchers have created a robotic mimic of a stingray that’s powered and guided by light-sensitive rat heart cells. The work exhibits a new method for building bio-inspired robots by means of tissue engineering. Batoid fish, which include stingrays, are distinguished by their flat bodies and long, wing-like fins that extend from their heads. These fins move in energy-efficient waves that emulate from the front of the fin […]

When early terrestrial animals began moving about on mud and sand 360 million years ago, the powerful tails they used as fish may have been more important than scientists previously realized. That’s one conclusion from a new study of African mudskipper fish and a robot modeled on the animal. Animals analogous to the mudskipper would have used modified fins to move around on flat surfaces, but for […]

In celebration of the upcoming Olympic Summer Games in Rio, Victorinox has created a limited edition, 24-karat gold plated version of their iconic Climber Pocket Knife. There’s a matching neck strap for added bling plus the 14 functions that have made the Climber one of the most popular Swiss Army knives of all time. Let’s block ads! (Why?) -Werd

|By Matein Khalid| The merger of Abu Dhabi banks First Gulf Bank and NBAD creates the largest bank in the Middle East, a regional colossus with $170 billion in assets, competitive funding cost in the global interbank/capital markets and a market value greater than Credit Suisse, Standard Chartered Bank (SCB) and Deutsche Bank. This is the biggest game changer event in UAE banking and finance since the […]

|By Matein Khalid| David Cameron, Wall Street’s elite, Mutti Merkel, Obama, the Eurocrats of Brussels, the great and the good of the City and the IMF’s Lady Christine all got it so horribly wrong. I slept Thursday night with sterling at 1.50 on New York and awoke to see it trade at 1.34 on Friday, a 30 year low before the Plaza Accords. Britain has voted to […]

JERUSALEM — The Israeli military has canceled a contentious directive known as the Hannibal procedure, which calls for the use of maximum force to prevent the capture of Israeli soldiers, even at the risk of harming them. A military official, speaking on the condition of anonymity in accordance with army rules, said on Tuesday that the chief of staff, Lt. Gen. Gadi Eisenkot, had given instructions several […]

Rare Quran manuscripts, paintings and number plates auctioned to raise funds for Reading Nation campaign A priceless collection of historic manuscripts and artifacts is being auctioned at Madinat Jumeirah, Dubai to raise funds for the ongoing Reading Nation Ramadan campaign. Here’s our coverage of the event as it happened. (Inputs from Mary Achkhanian, Staff reporter) Campaign collects Dh40 million The charity auction held for Reading Nation campaign launched by […]

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|By Matein Khalid| Sterling sell off in the world currency markets and the sheer populist appeal of Boris Johnson suggests the world should not rule out a geopolitical shock that will unnerve financial markets and lead to the mother of all rate cuts at the Bank of England. If Britain votes to leave the EU, the only currency I want to own is the Swiss franc and gold, […]

LONDON — After years of international isolation under the rule of Col. Muammar el-Qaddafi, Libya sought to emulate its Middle Eastern neighbors by creating a sovereign wealth fund in 2006 to invest the proceeds from its sale of oil. The North African nation soon turned to Goldman Sachs to help it invest some of the more than $35 billion in funds it had available in late 2007. […]

Ali was the most thrilling if not the best heavyweight ever, but he was more than the sum of his athletic gifts Ali faces the media at the US federal court in June 1967, while on trial for refusing to be inducted into the armed forces. New York: Muhammad Ali, the three-time world heavyweight boxing champion who helped define his turbulent times as the most charismatic […]

From the Rumble in the Jungle to chat-show stardom, an avalanche of footage online will ensure this legend will never die Abu Dhabi: The world may have lost one of its most iconic figures late on Friday, June 3, 2016, when Muhammad Ali died at the age of 74, but his legend will live on through a plethora of video clips online. […]

PARIS — With the Obama administration having effectively given up on negotiating a deal between the Israelis and the Palestinians, France tried its hand on Friday at making Middle East peace but ended the day with little to show for its efforts. Even before President François Hollande convened diplomats from 29 countries for the session — including Secretary of State John Kerry but no representatives of either […]

|By Arabian Post Staff| The Dubai Gold & Commodities Exchange (DGCX) witnessed a strong upswing across various segments, which has been attributed to the uncertainty over Britain’s exit from the European Union and also a possible interest rate hike by the Fed in June. The Exchange witnessed the upswing across precious metals, hydrocarbon and equities segments, trading an aggregate of 1.5Mn contracts in May, growing 55% from […]

MUMBAI India’s biggest conglomerate Tata Group launched an ecommerce venture on Friday, as it seeks to cash in on rising purchasing power in a market dominated by deep-pocketed international retailers and startups backed by global tech investors. The group said it developed its Tata Cliq website over a year and a half at a cost of “several hundred million dollars” to be a marketplace for inhouse and […]

|By Matein Khalid| In retrospect, 2016 will go down in German political and economic history as a significant game changer, on the scale of 1989 (fall of the Berlin Wall), 1990 (reunification) and 1999 (the Euro), even 1945 (launch of Deutschemark), 1945 (Third Reich surrenders), 1943 (Stalingrad) and 1933 (Hitler elected). Chancellor Merkel, renamed Mutti Multi kulti, allowed a million migrants to settle in Germany. The far right […]

Concerns about identity theft, financial fraud and business or government tracking are creating a “chilling effect” on online commerce and free expression, according to analysis of data from a 2015 survey of Internet use conducted for the Department of Commerce’s National Telecommunications and Information Administration (NTIA). Of the 41,000 households asked about privacy and security in the July 2015 U.S. Census Bureau survey for the NTIA, 19 […]

Reuters/Denis Balibouse/File photo   SAN FRANCISCO Warren Buffett struck media gold with a 2012 investment in debt-laden Media General Inc. Now the famed investor may try to reprise that success by supporting a bid for Yahoo Inc’s Internet assets.   The Berkshire Hathaway Inc chairman is backing a consortium that includes Quicken Loans Inc founder Dan Gilbert, that is seeking to buy Yahoo’s online portfolio, Reuters reported […]

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