Just in:
Abu Dhabi gaming push gains AI edge
// Innio’s Nasdaq debut taps AI power rush
// Windows Search flaw exposes credentials
// War squeeze slows India’s oil demand growth
// Audible rewards users for listening
// Dogecoin gains broader rails through Paxos
// Kioxia surge redraws Japan’s market order
// Gulf strikes test fragile US-Iran truce
// Yen nears intervention line as dollar strengthens
// Galaxy Macau and Trip.com Group Strike Three-Year Deal to Supercharge Global Live Events Pipeline
// Dairy line upgrades promise deeper emissions cuts
// World Cup squads set player record
// Gnosis Pay races to contain module exploit
// Snowflake ties Claude momentum to AWS scale
// OMIFCO listing to deepen Muscat market
// Bull and Foxconn deepen Europe AI supply chain
// Abu Dhabi forum weighs AI impact
// Weak Monsoon Forecast Raises Fresh Concerns For India’s Rs 3 Lakh Crore Microfinance Sector
// MOKiN Introduces Safe Swap Programme in Malaysia to Encourage Safer Charging Habits
// Anthropic widens Mythos cyber access
//
News related to
Lada
Czech bubble artist surrounds 275 students with soap 'screen' to claim record
MLADA BOLESLAV, Czech Republic A Czech performer of bubble art surrounded 275 high school students and a car with a single soap-bubble screen on Wednesday, breaking the national record.Matej Kodes raised the screen around a rectangular 11 metre-by-7.5 meter area, enclosing those inside for a few seconds. Participants had to be taller than 156 centimeters (5 ft 1 inch) to fulfill the conditions for the event, which [...]
Smart Mall concept rolled out to more Dubai metro stations
Dubai's transport authority has announced the roll-out of the Smart Mall concept to four new metro stations. The expansion to Abu Dhabi Commercial Bank Station, Damac Station, Dubai Internet City Station and Emirates Towers Station is part of the Road and Transport Authority's (RTA) plan to rank Dubai as the smartest city in the world. Mattar Al Tayer, director-general and chairman of the RTA, said: “The Smart [...]
366 links to understand fact-checking in 2016
2016 was fact-checking's finest year [1]. No it wasn't, it was the year of "post-truth" [2] — some preferred "post-fact" [3] — and fact-checking is a fool's errand. The discussion about facts in journalism worldwide has rarely been as fractured and animated as it has been in 2016, so we collected 366 links, one for each day of the year, to try and make sense of what [...]
Adventure awaits: a look at the newest theme parks and ones coming soon to the UAE
It’s been a big month in theme parks in the UAE, with the official opening of Dubai Parks & Resorts in Dubai Sunday, news that IMG Worlds of Adventure are opening yet another venue, Legends, and Miral announcing that SeaWorld is coming to Abu Dhabi. By the time the Expo comes to the UAE in the year 2020, almost every popular movie and animation brand you can [...]
Egypt Says Traces of Explosives Were Found on Bodies From Paris Flight
CAIRO — Egypt said Thursday that explosive traces had been detected on the bodies of passengers retrieved from EgyptAir Flight 804, which plunged into the Mediterranean Sea in May and killed all 66 people on board.The announcement by the Civil Aviation Ministry offers the strongest suggestion yet that a bomb might have felled the airliner as it flew to Cairo from Paris. Previously, officials had focused on [...]PepsiCo and Ilyas & Mustafa Galadari Group sign partnership deal to delight the public at the IMG Worlds of Adventure Theme Park
• Mountain Dew branded ride unveiled at IMG Worlds of Adventure. • PepsiCo announced as preferred beverages partner for the world's largest indoor theme park in Dubai. UAE, Dubai – November 30, 2016: PepsiCo has unveiled the official grand entrance marquee of the Mountain Dew-sponsored “Predator” ride, at the newly opened IMG Worlds of Adventure. The global food and beverage company has also announced that it will [...]Advertisements
Slovak brothers win burial competition with fastest, neatest grave
TRENCIN, Slovakia Two brothers from Slovakia won a grave-digging competition at an international exhibition of funeral, burial and cremation services on Thursday. Ladislav and Csaba Skladan, aged 43 and 41 respectively, dug a grave 1.5 meters deep, two meters long and 90 centimeters wide in 54 minutes in the western Slovak town of Trencin, beating 10 other two-member teams from Slovakia, Poland and Hungary as a small [...]Citi loses key Abu Dhabi lawsuit plea
|TAP Special| Citibank has lost a key decision in its defense of a lawsuit in Abu Dhabi accusing the bank of self-dealing, defrauding investors, and attempting to cover-up investor losses. The Abu Dhabi Commercial Court of First Instance on April 14, 2015 determined the lawsuit should proceed and ordered the appointment of a Committee of Experts to review evidence and determine Citibank's culpability. The Court's decision is [...]NTPC PLANS 26 PER CENT STAKE BUY IN COAL MINES OVERSEAS TO FUEL ITS POWER PLANTS
KOLKATA: State-run NTPC, the country's biggest power generator and thermal coal consumer, plans to acquire at least 26 per cent stake in coal mines abroad to secure longterm fuel supplies for all its power plants, a senior executive said. This is a shift from the company's earlier stance of seeking only minority stakes in such mines to ensure fuel for plants that operate only on imported [...]MANOHAR PARRIKAR MULLING NEW POLICY FOR DEFENCE LOBBYING
PANAJI: Defence Minister Manohar Parrikar is considering the introduction of a new policy on the vexed issue of blacklisting defence equipment suppliers accused of corruption as well as reforming rules for lobbyists to balance the needs of the armed forces with transparency. Speaking to ET in the state capital at the chief minister’s residence, Parrikar said, “One of the ideas the government is thinking about is how to […]
ASSEMBLY ELECTIONS DUE IN THREE STATES
By Harihar Swarup Another round of crucial Assembly elections are round the corner. While the polls are due in Jammu and Kashmir and Jharkhand in December, in Delhi, where state assembly has been dissolved, the election is slated to be held in January. Doubtless, election in Jammu and Kashmir is of vital importance in the changed scenario. Both the ruling National Conference and the Congress are in bad […]
BETTER LAND CONNECTIVITY WITH ASEAN NEEDED
By Ashok B SharmaIn a situation where economies are seeking integration with neighbours in the form of institutional grouping, India has made attempts for engagement with the ASEAN bloc primarily for trade and integration of the economy, more particularly to derive benefit for its remote north-eastern region. But this has not been realised in full potential due to poor land route connectivity despite inking of free trade […]
FINMECCANICA OUT, US’S SIKORSKY JOINS NAVY COPTER ACQUISITION RACE
Delhi: The infamous VVIP helicopter scandal has claimed another victim. The defence ministry has ejected the European NH-90 chopper, linked to Italian conglomerate Finmeccanica, out of the race to supply 16 multi-role helicopters to the Navy . The commercial bid of the other contender in fray , American Sikorsky-70B choppers, will now be opened this month after a long delay. “Both NH-90 and Sikorsky-70B choppers had [...]MODI’S BUDDHA DIPLOMACY ON ANVIL
By Ashok B SharmaA definite shift in India’s Look East Policy is underway with added emphasis on Buddha diplomacy under the new dispensation. Prime Minister Narendrabhai Damodardass Modi plans to market the Buddha card to the countries in the region as India is the place of origin of Dhamman and Sangham. He indicated such a change in emphasis by his first official visit abroad to a neighbouring […]
DEFENCE MODERNISATION HAS TO BE SPEEDED UP
By Barun Das GuptaThe Union Cabinet has just cleared a Rs. 80,000 crore proposal for modernization of our defence forces. Earlier it had sanctioned another Rs. 40,000 crore for the same purpose. The decision has come not a day too soon. Defence has been the proverbial Cinderella of the Government ever since independence. Even the Chinese aggression of 1962 failed to make us realize the importance of […]
AMID RIVAL SNIPES, FRANCE AIMS TO CLOSE RAFALE DEAL BY EARLY 2015
New Delhi: The geopolitical wrangling and heartburn over India's mother of all defence deals, the lucrative $20 billion MMRCA (medium multi-role combat aircraft) project, is still not over. First, it was the Americans, then the Europeans and now, the Russians. Even as India and France inch forward to stitch up the contract for acquisition of 126 Rafale fighters for the IAF, Russian ambassador Alexander Kadakin last [...]TATA-AIRBUS TO BID FOR IAF AIRCRAFT DEAL, 40 TO BE MADE IN INDIA
Mumbai: In the first big boost to the government’s “Make in India” initiative, aimed at making India a manufacturing hub, Airbus Defence and Space and Tata Advanced Systems (TASL) on Tuesday announced a joint bid for a government contract to supply military aircraft for the Indian Air Force (IAF). The IAF is looking to replace its fleet of Avro aircraft and the joint venture will supply Airbus’ [...]NORMS FOR DEFENCE SECTOR COMPANIES EASED
New Delhi: The government on Monday allowed private companies in the defence sector to sell equipment to state-run entities without prior approval of the defence ministry, a move that could attract investments in the sector. The decision came after the government opened the sector for higher foreign direct investments (FDI) and relaxed compulsory licensing for a number of equipment. “The licencee shall be allowed to sell [...]CHINA UNDERTAKING BIG EXPANSION OF BORDER ROADS
By Barun Das Gupta KOLKATA: One of the first priorities of the NDA Government on coming to power was to address the task of speedily narrowing down the asymmetrical gap in India’s defence vis-à-vis China along the entire Himalayan border. In fact, this should have begun in right earnest more than half a century ago, immediately after India’s disastrous military defeat at the hands of the Chinese in […]
N-CAPABLE NIRBHAY MISSILE SUCCESSFULLY TEST-FIRED
New Delhi: Shortly after 10 am on Friday, while the prime minister was exhorting an annual meeting of top military commanders from the Army, Navy and Air Force to be ready for any call to arms, India's newest missile blasted off from a canister at the Chandipur test range on the coast of Odisha. This was the Nirbhay long-range cruise missile, which can hit a target [...]INDIA NEEDS TO KEEP VIGIL AT BORDERS
By Ashok B Sharma The likely face off between Indian and Chinese troops at the line of actual control (LAC) in Ladakh has been averted. Thanks to efforts of the Indian External Affairs Minister Sushma Swaraj and her counterpart Wang Yi at the margins of the UN General Assembly. The Chinese troops have begun withdrawing from Chumar in Ladakh following the flag meeting between two sides. The Indian […]
Sukuk drought set to end
First-time sellers of bonds that adhere to Islam’s ban on interest are poised to revive an industry suffering its worst quarter in more than four years. Luxembourg and Hong Kong aim to market debut offerings of sukuk next month, while Kenya, South Africa, Bangladesh and Tatarstan have announced plans for maiden issues. Islamic bond sales have fallen 82 percent to $2.6 billion this quarter compared with the [...]FDI IN DEFENCE MAY GO UP TO 100% IF CEO IS INDIAN
New Delhi: Global defence equipment majors such as BAE Systems and Lockheed Martin could set up manufacturing units in India and bring in foreign direct investment (FDI) exceeding 49 per cent, provided the company’s chief executive officer (CEO) is Indian.
As the objective was to let only serious players enter the market, the defence FDI policy approved by the Cabinet on Wednesday categorically stated investee companies should be self-sufficient in product designing and have maintenance and life cycle support facilities for the products they manufactured here, said a senior department of industrial policy and promotion (DIPP) official.
The Union Cabinet had approved an increase in the composite foreign investme
