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UK air traffic outage inflicted £33m financial losses // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Oil advances towards $100 as tanker attacks persist // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Technology shares plunge as Nasdaq enters correction // Ousted top Kochi cop gets IG post // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // APT29-linked campaign exploits outdated Apple and Android software // Oil and chip shares retreat after Democratic victories // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // Kochi police detain two actors over bid to honey trap doctor // Dubai details five-year visa benefits for returning visitors // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction for Gasoline-Powered Vehicles // Millions Of Indians May Soon Be Deprived Of Government Assistance // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // Dubai boat show confirms international shipyard line-up for November // Meraas showcases five residential zones at Dubai Design Week // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction Vision for Gasoline-Powered Vehicles //

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In an image taken from a video on a militant website, the Islamic State’s leader, Abu Bakr al-Baghdadi, addressed followers last year in Mosul, Iraq. New insights yielded by a seized trove of materials in Syria include how he operates and tries to avoid being tracked by coalition forces. By ERIC SCHMITT June 8, 2015 WASHINGTON — American intelligence agencies have extracted valuable information about the Islamic State’s leadership structure, financial […]

The Apple logo is seen at the flagship Apple retail store in San Francisco, California April 27, 2015. Reuters/Robert Galbraith/Files Apple is planning to introduce its mobile payment system, Apple Pay, to Britain this summer, The Telegraph reported on Saturday, citing industry sources. Apple is expected to make the announcement on Monday in San Francisco at its annual conference for developers, the paper said. It quoted the […]

Political unrest dents business confidence in region DUBAI, 3 days ago Political turmoil and instability in the region have led to a drop in business confidence in the UAE and Middle East in the first quarter (Q1) of 2015, according to a new survey of finance professionals. The Global Economic Conditions Survey for the first quarter of 2015, carried out by ACCA (the Association of Chartered Certified […]

Adams … master-planning is important for sustainable developments. Master-planning key to sustainable mixed-use projects DUBAI, 3 days ago The Middle East has a unique set of challenges and opportunities with regard to creating large, mixed-use developments, says Louise Adams, former country manager UAE at Aurecon, an engineering, planning, project management and consulting company. Adams describes the importance of investing in master-planning, some of the current opportunities and […]

UAE. Consumers are keener than ever to shop around for a good deal when it comes to their finances, you just need to look at the rise of personal finance sites like Money Saving Expert to see that. Armed with smartphones and 4G, they compare everything from the cheapest travel insurance to the best credit card rate, and are not afraid to do their research in order […]

WASHINGTON Data stolen from U.S. government computers by suspected Chinese hackers included security clearance information and background checks dating back three decades, U.S. officials said on Friday, underlining the scope of one of the largest known cyber attacks on federal networks. The breach of computer systems of the Office of Personnel Management was disclosed on Thursday by the Obama administration, which said records of up to 4 […]

Tariq Aziz, left, in 1992 at the United Nations as deputy prime minister of Iraq, talking with Chinmaya Rajaninath Gharekhan, the Indian delegate, at a meeting of the Security Council. By ALISSA J. RUBIN June 5, 2015 Tariq Aziz, the Iraqi foreign minister and deputy prime minister who for decades was the most public face of Saddam Hussein’s government on the world stage, died on Friday in Nasiriya, Iraq, where […]

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By ALISSA J. RUBIN June 5, 2015 Tariq Aziz, the Iraqi foreign minister and deputy prime minister who for decades was the most public face of Saddam Hussein’s government on the world stage, died on Friday in Nasiriya, Iraq, where he had been imprisoned. He was 79. Adel Aldikhaly, the deputy governor of Nasiriya, said Mr. Aziz had had a heart attack after “a long-term incurable disease” and was transferred […]

By DIAA HADID June 5, 2015 RAMALLAH, West Bank — France is “firmly opposed” to a boycott of Israel, the French foreign minister said Friday, after the partly state-owned French telecommunications company Orange said it would seek to withdraw its brand from the Israeli market. The company’s decision was seen in Israel as the latest in a rapid succession of blows meant to isolate and punish the country over […]

UAE. The Global Economic Conditions Survey for the first quarter of 2015, carried out by ACCA (the Association of Chartered Certified Accountants) and IMA (the Institute of Management Accountants) also shows that while lower oil prices have helped oil-importing nations such as the USA and Europe, they have undermined performance in many net oil-exporting regions such as Asia Pacific and the Middle East.  Confidence has dipped in […]

By ISABEL KERSHNER June 4, 2015 JERUSALEM — A growing global pro-Palestinian movement to boycott Israel instantly created a national furor on Thursday after the top executive of Orange, a leading French telecommunications company, said he would withdraw from the Israeli market if he could. The Facebook page of an Israeli company, Partner Communications, which has a license to use the Orange brand, was filled with customer complaints demanding […]

UAE. According to a new report by The Boston Consulting Group (BCG), the UAE outperforms the GCC and the rest of the world in most dimensions – including income, employment, health, education, infrastructure, income equality, civil society, governance, and environment – when it comes to its current-level Sustainable Economic Development Assessment (SEDA) scores. Across these dimensions, the UAE topped the average scores of both the GCC and […]

UAE. In a report released today by A.T. Kearney the UAE is ranked as the seventh most-attractive country in the Global Retail Development Index (GRDI), marking the eighth year in a row that the country has been globally ranked in the top 10. The UAE’s retail market continues to grow steadily with retail space growing by 7 percent in 2014 to reach 1.6 million square meters and […]

Intel Corp (INTC.O) agreed to buy Altera Corp (ALTR.O) for $16.7 billion as the world’s biggest chipmaker seeks to make up for slowing demand from the PC industry by expanding its line-up of higher-margin chips used in data centres. By combining with Altera, Intel will be able to bundle its processing chips with the smaller company’s programmable chips, which are used, among other things, to speed up […]

|By Fiona Maharg-Bravo |Big Oil is too confident about crude prices. After a 40 percent rally from January’s six-year low, the momentum has been on the upside. But the current prices – $65 a barrel for Brent and $60 for WTI – look more like a ceiling than a floor. That is not what many insiders seem to think. Some oil service companies expect mid-$70s Brent by […]

Toichiro Mizushima (L), president of the Japan Pension Service, bows as he offers an apology during a news conference in Tokyo, in this photo taken by Kyodo June 1, 2015. Reuters/Kyodo TOKYO Japan’s pension system has been hacked and more than a million cases of personal data leaked, authorities said on Monday, in an embarrassment that revived memories of a scandal that helped topple Prime Minister Shinzo […]

|By K Raveendran| Qatar has maintained complete silence over any possible connections with the indictment of FIFA officials on various charges, including acceptance of gratification in awarding World Cup editions. The situation continues to hold suspense amidst reports coming from the US that criminal charges are to be brought against more people. Bloomberg reports quoting Internal Revenue Service’s chief investigator that the U.S. investigation of corruption in […]

The word ‘password’ is pictured on a computer screen in this picture illustration taken in Berlin May 21, 2013. Reuters/Pawel Kopczynski/Files WASHINGTON At 3:59 p.m. EDT on Sunday, the National Security Agency and telecommunications companies will begin mothballing a once-secret system that collected Americans’ bulk telephone records, shutting down computers and sealing off warehouses of digital data. If the U.S. Congress fails to act, key provisions of […]

Diane Foley in August after ISIS beheaded her son, James. She has taken part in a review of government policy on hostages. By JULIE HIRSCHFELD DAVIS May 29, 2015 WASHINGTON — When President Obama met recently with the mother of James Foley, the American hostage beheaded last August by the Islamic State, she said, he told her that freeing her son and the other American hostages held with him had […]

UAE.  The depressed oil prices predominant since late last year could herald a lasting trend if, as evidence suggests, we are now facing the low-price segment of an oil ‘super cycle’, according to the latest paper from global strategy and management consulting firm A.T. Kearney. This new situation would pose both challenges and opportunities to Middle East companies and countries. There is still much volatility in the […]

UAE. Etihad Airways, the national airline of the United Arab Emirates, achieved its strongest financial results to date in 2014, posting a net profit of US$ 73 million on total revenues of US$ 7.6 billion, up 52.1 per cent and 26.7 per cent respectively over the previous year. 2014 PEFORMANCE SUMMARY OF ETIHAD AIRWAYS *The above results represent the standalone airline business within the newly formed Etihad […]

Intel Corp (INTC.O) has resumed talks to buy programmable-chip maker Altera Corp (ALTR.O) and is close to a $16 billion deal, people familiar with the matter said on Friday, paving way for the third mega semiconductor-chip deal this year. The price for Altera could be as much as $54 per share, according to one of the people. This would be a 15 percent premium over the stock’s […]

Op-Ed Contributor By NICHOLAS MCGEEHAN May 28, 2015 LONDON — On May 11, the Lebanese artist Walid Raad was turned away at the airport when he tried to enter the United Arab Emirates, where the government is making a big investment in art with the Saadiyat Island project. The project, in the capital, Abu Dhabi, will include branches of the Louvre and the Guggenheim as well as a campus […]

Mosed Shaye Omar, 64, a naturalized American citizen since 1978, sued the State Department and Secretary John Kerry, claiming he was coerced into acknowledging that he had a name different from what was on his passport. By LIZ ROBBINS May 27, 2015 For nearly five hours on Jan. 21, 2013, in a windowless room at the United States Embassy in Sana, Yemen, an American citizen and Brooklyn grocery store […]

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Just in:
Meraas showcases five residential zones at Dubai Design Week // OpenAI identifies 948 Linux privilege escalation flaws using AI // Kochi police detain two actors over bid to honey trap doctor // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Millions Of Indians May Soon Be Deprived Of Government Assistance // Ousted top Kochi cop gets IG post // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // Cloudflare unveils Zero Wire vulnerability intelligence service // Private varsities bill all set to face the axe // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction for Gasoline-Powered Vehicles // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // APT29-linked campaign exploits outdated Apple and Android software // Technology shares plunge as Nasdaq enters correction // Emirates Group records AED 4.1 billion half-year profit // UK air traffic outage inflicted £33m financial losses // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // OpenAI introduces GPT-6 Cyber with restricted security access //