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22 Feb 2017, Doha, Qatar The Commercial Bank (P.S.Q.C.) (“the Bank”), its subsidiaries and associates (“Group”) announced today its financial results for the full year ended 31 December 2016. The Group reported a net profit of QAR 501.4 million as compared to QAR 1,434 million for the same period in 2015, a decrease of 65%. The Bank reported a net profit of QAR 683 million (2015- QAR […]

UPS has announced plans for deliveries via drones, but unlike Amazon’s drone delivery schtick, it’s not offloading them from a distant outpost or even a blimp: it’s integrating them intro delivery trucks, perched atop the vehicle, prepared to launch at various points within a route. UPS Fuses Delivery Trucks With Drones The Georgia-based package delivery company ran the initial drone delivery service tests Monday in a small […]

Evan Spiegel and other top executives at Snap, the owner of messaging app Snapchat, on Tuesday pitched the company to hundreds of investors in New York and faced questions about user growth, costs and the development of the platform. The ballroom at the Mandarin Oriental in midtown Manhattan was the second stop on a roadshow for the company’s listing, after it kicked off its marketing blitz in […]

“If someone is arrested for throwing a rock, they get a two-year sentence,” the father, Yusri al-Sharif, said, according to the news site Ynet. “In this case, a soldier murdered and got a year and a half.” Continue reading the main story “My son is not an animal,” he said. But Israeli leaders, still shocked that an Israeli soldier was convicted in January in a killing in […]

Google recently launched Android Wear 2.0, an operating system for its smart watches. The entire OS has been refined and revamped. To help with the launch of the new OS, Google and LG collaborated and came up with two Android Wear devices: The $250 LG Watch Style and $350 LG Watch Sport. The approach is similar to the Nexus program, where Google would work with a phone […]

ABU DHABI // Combining the capabilities of Saudi Arabia and the UAE could create historic opportunities for the region, Sheikh Mohammed bin Rashid said on Tuesday. “Through our integration, solidarity and unity, we can protect our gains, enhance our economies and build a better future for our people,” the Vice President and Ruler of Dubai said at a joint retreat on Abu Dhabi’s Saadiyat Island, attended by […]

From Dark to Dust It is the news that millions of fans of Philip Pullman’s brilliant fantasy trilogy His Dark Materials have been waiting to hear for years – the English author is ready to further explore the world of heroine Lyra Belacqua, daemons and the Magisterium in another three-book series. Billed as neither prequel nor a sequel but an “equel”, The Book of Dust series will […]

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The US Department of Homeland Security on Tuesday issued sweeping new rules for border security and deportations as part of President Donald Trump’s promised crackdown on illegal immigration.  In a pair of memorandums, homeland security secretary John Kelly detailed steps “designed to stem illegal immigration and facilitate the detection, apprehension, detention and removal of aliens who have no lawful basis to enter or remain in the United States”.  Mr […]

Photo Seif al-Islam el-Qaddafi on trial in Zintan, Libya, in 2014. Credit Reuters GENEVA — Seif al-Islam el-Qaddafi, the son of Libya’s ousted dictator, should be turned over to the International Criminal Court to be tried on war crimes charges, the United Nations said on Tuesday, adding that he did not get a fair trial in Libya. But the question is, who will hand him over? A […]

By Fergus Jensen | JAKARTA JAKARTA Saudi Arabia’s King Salman will visit Jakarta and Bali on the Indonesian leg of his Asian tour next month, bringing 1,500 people in his entourage including 10 ministers, Indonesian officials said. “This is a very historic visit for us,” Cabinet Secretary Pramono Anung told reporters on Tuesday, adding that the king would be in Indonesia from March 1 to 9. He […]

Pokémon GO is apparently working wonders for some players, as it allows them to hatch eggs without actually walking all that distance. Hatching eggs in Pokémon GO can yield new Pokémon, but it’s not normally done so easily. Players have to place eggs in incubators and, depending on the type of egg, walk 2, 5, or 10 kilometers or up to 6 miles to hatch them. This means that […]

Yahoo agreed to take a $350m cut on the original $4.8bn sale of its core business to Verizon, becoming one of the first major US companies to revise deal terms because of a cyber attack. Verizon, the US telecoms company, will now pay the California-based internet company $4.5bn, Yahoo said on Tuesday, ending months of uncertainty about the future of the deal first agreed in July last year. […]

Photo A session at the International Conference in Support of Palestinian Intifada in Tehran on Tuesday, where Ayatollah Ali Khamenei, Iran’s supreme leader, urged renewal of the Palestinian uprising, or intifada, against Israel. Credit Ebrahim Noroozi/Associated Press TEHRAN — Everything was in place on Tuesday for a gala celebration at Iran’s annual conference in support of Palestine. Awaiting the hundreds of guests was a table piled high […]

Jeddah: Feb 22, 2017 King Abdulaziz International Airport received on Tuesday the first flight of the low-cost Malindo Air based in Malysia which obtained recently authorization from the General Authority of Civil Aviation to operate flights between Kuala Lumpur and Jeddah.  The first ever flight was received by Hani Al Thunian, CEO of Seherz Aviation, executive agent of Malindo Air in Saudi Arabia, Ameen Duhaithem, president of […]

BEIRUT: France’s far-right presidential candidate Marine Le Pen sparked controversy Tuesday during her brief visit to Lebanon when she refused to wear a headscarf to meet the country’s top Sunni Muslim cleric. On her last day in the small Mediterranean country, Le Pen arrived at Sheikh Abdellatif Deryan’s office in Beirut and was offered a white shawl to cover her blonde hair. The National Front candidate promptly […]

By Tom Allard and Liz Lee | KUALA LUMPUR KUALA LUMPUR Ri Jong Chol, a North Korean arrested in the probe into last week’s murder of the half-brother of the isolated state’s leader, lived in Malaysia for more than three years without working at the company registered on his employment permit or receiving a salary. Ri, 47, had a Malaysian work visa that showed he was an […]

Ecuador will have to wait until later this week for the result of Sunday’s presidential election after the country’s electoral council deemed the vote too close to call following a knife-edge poll. It was the first time in recent memory that the winner has not been declared on election night. Lenín Boltaire Moreno, the leftwing protégé of President Rafael Correa, is in touching distance of the 40 […]

Photo Red Crescent workers collected the bodies of migrants on Monday from a beach near the town of Zawiya, Libya. Credit Libyan Red Crescent CAIRO — The bodies of 74 migrants were recovered from a beach near the town of Zawiya in western Libya, rescuers said on Tuesday, an ominous sign before the high season for Mediterranean crossings. The bodies were believed to have come from a […]

Instagram has revealed there are 63 million users in the MENA region, equivalent to ten percent of the social media platform’s global community. Worldwide, Instagram has 600 million people actively using the platform each month, with 400 of those logging in on a daily basis. Instagram Stories has also proven popular, with 150 million new posts each day. The latest figures highlight how people in MENA have […]

Horizon Zero Dawn opens to a protracted introduction of its post-apocalyptic machine-festered world. It’s tedious, as regarded by one reviewer, but it’s essential, because the game’s open world, like all open worlds, is massive. The game is Guerrilla Games’s latest handiwork after Killzone Shadow Fall, the flagship Killzone title released in 2013 for the PlayStation 3. Even before release, it has already garnered acclaim, netting Best Original […]

21 February 2017 Dubai – Auerbach Grayson & Company, LLC, a New York-based brokerage firm specializing in global trade execution and exclusive in-depth research on developed, frontier and emerging markets, announced today that it has partnered with Dubai-based  Arqaam Capital, the specialist emerging markets investment bank, to provide U.S. investors with greater access to the Middle East and South Africa. Through its exclusive partnership with Arqaam Capital, […]

The second Global Mentoring Walk, held in celebration of International Women’s Day, will give women in the UAE a chance to discuss the opportunities and challenges of entrepreneurship in the region. The event – organised by Mompreneurs Middle East – will be held on March 11, 2017, from 7am to 11am at Dubai Polo and Equestrian Club, Arabian Ranches. The annual Global Mentoring Walk brings together established […]

Samsung’s standing in the United States plummeted by 42 places, a new reputation poll reveals. Considering how the whole Galaxy Note 7 fiasco — among other things — stirred up the tech world for both consumers and manufacturers alike, it shouldn’t come as much of a surprise that the South Korean brand is taking quite a hit regarding its position in the market. Samsung’s Reputation In The Eyes […]

The bad old days of golf courses being perceived as water-guzzling eyesores are being transformed as more and more clubs adopt sustainable practices that enhance biodiversity while conserving water to create a fairer way to play. Matthew Perry has no trowel in his hands as he tends to the turf at Dubai Creek golf course. There is no wheelbarrow or shovel – just an electronic device plunged […]

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