By Michelle Nichols | UNITED NATIONS UNITED NATIONS The U.N. Security Council imposed new sanctions on North Korea on Wednesday aimed at cutting the Asian country’s annual export revenue by a quarter in response to Pyongyang’s fifth and largest nuclear test in September. The 15-member council unanimously adopted a resolution to slash North Korea’s biggest export, coal, by about 60 percent with an annual sales cap of […]
The early idealism of the Internet was imagined as some great network that would somehow free the world’s oppressed people and lead to a grand utopian future. All the world’s information would be available at the touch of a button, greater participation in government by the people would be easy, and so on. None of this has happened or will happen. Instead, the American public […]
Saudi Arabia’s King Salman underlined the kingdom’s intention to invest heavily in speeding up its diversification away from oil exports with the inauguration on Tuesday of a $35 billion mining and minerals processing complex. Riyadh has tried to reduce the economy’s reliance on oil for decades, but the challenge has become particularly urgent in the past couple of years as low prices have pushed state finances deep […]
By Steve Holland | NEW YORK NEW YORK Under pressure to avoid any conflict of interest, President-elect Donald Trump said on Wednesday he will be leaving his far-flung business “in total” to focus on running the country and scheduled a Dec. 15 news conference to lay out his plan. Trump announced his plans in a series of tweets but did not explain exactly what he would be […]
30 November 2016 Dubai: Emirates NBD, a leading bank in the region, was named ‘Banking and Finance Company of the Year’ at the prestigious Arabian Business Achievement Awards held yesterday (Monday, November 28, 2016). The bank was recognised for its pioneering efforts toward the digitisation of banking as well as its resilient performance in the past year. The Arabian Business Achievement Awards are adjudicated by an independent judging […]
WASHINGTON — The Pentagon on Tuesday blamed “unintentional” human mistakes for the American-led airstrikes in September that killed dozens of Syrian government troops. The attacks were conducted under the “good-faith belief” that the targets were Islamic State militants, according to the official inquiry. The investigation, led by an Air Force general, concluded that the strikes did not violate the law of armed conflict or the rules for […]
By Katharine Houreld | NAIROBI NAIROBI When Western navies raided three dhows in the Arabian Sea this year, some of the weapons they found matched arms taken from Houthi rebels in Yemen, a report said, suggesting links between Iranian suppliers and the Yemeni war. Two of the dhows, all of which were unregistered and therefore stateless, were manufactured by Al Mansoor, an Iranian shipbuilder whose yard is next […]
Dubai – UAE (Nov. 29, 2016) HE Minister of Transport and Communications Jassim Saif Ahmed Al Sulaiti, Chairman of Qatar Ports Management Company (Mwani Qatar) and Sheikh Ali bin Jassim bin Mohammad Al-Thani, Chairman of Qatar Navigation (Milaha), today witnessed the signing of an agreement between Mwani Qatar and Milaha to establish a new company, QTerminals, to manage Hamad Port. As per the agreement, the new company […]
BEIRUT, Lebanon — The ferocious ground assault and aerial bombardment in eastern Aleppo has forced some 16,000 people to flee for their lives in the last few days, according to Stephen O’Brien, the United Nations under secretary general for humanitarian affairs. “The parties to the conflict have shown time and again they are willing to take any action to secure military advantage even if it means killing, […]
By Lawrence Delevingne | NEW YORK NEW YORK At least four U.S. agencies are investigating former officials of a now-bankrupt oil and gas company once majority owned by troubled hedge fund manager Platinum Partners, according to a legal filing submitted last week. In a motion filed with federal bankruptcy court on Nov. 23, a group of 10 directors, officers and employees of Black Elk Energy Offshore Operations […]
Government Communications Headquarters, the UK signals intelligence agency, in Cheltenham, United Kingdom. (UK Ministry of Defence). Alex Grigsby is the assistant director for the Digital and Cyberspace Policy program at the Council on Foreign Relations. Two weeks ago, with much fanfare, the United Kingdom released a new strategy that sets out UK government’s approach to improving the country’s cybersecurity over the next five years. It follows the UK’s previous […]
People have a general idea of how much a rocket-propelled grenade costs. What about a cyber weapon? (Baz Ratner/Reuters), Max Smeets is a D.Phil candidate and research affiliate of the Cyber Studies Programme at the University of Oxford. His work analyzes the proliferation of cyber weapons. Can a non-state actor take down critical infrastructure with a cyberattack? If it is not possible today, will it be possible […]
Everything across the utilities landscape should be connected, instrumented, and measured, according to Cisco Australia CTO Kevin Bloch, in order to move forward from automating operations to augmenting human decision making and predicting the future using the Internet of Things (IoT). Speaking at Utility Week in Sydney on Tuesday, Bloch stressed the importance of connecting everything possible to the IoT so as to make use of the […]
American Airlines has selected IBM Cloud to be a service provider as it moves its internal applications to the public cloud. The airline has said that it was looking to move some of its customer web site and back office applications to the public cloud. American Airlines was evaluating Amazon Web Services, IBM and Microsoft. Terms of the deal weren’t disclosed. IBM said that American will use […]
Sunday, June 8 – The Islamic Finance Gateway (IFG) Briefing, published from Sunday to Thursday, carries the latest market-moving news and data for institutions offering Islamic financial services. To view the full IFG Briefing click here: bit.ly/1qb3njw Top Stories: Islamic Economy: Islamic credit cards and startup financing focus for EFICA 2014 (Page 3) Country: Advertisement ? Call for more private sector involvement in Turkey’s Islamic finance sector […]
Higher than normal water temperatures have caused the largest die-off of corals ever recorded on the Great Barrier Reef, scientists said on Tuesday. Two-thirds of the corals living in shallow waters in a 700km swath of reef in the northern region have been killed by a massive coral bleaching event over the past eight to nine months, according to the Australian Research Council of Excellence for Coral […]
CALGARY, Alberta A Canadian CF-18 fighter jet has crashed near the community of Cold Lake in the western Canadian province of Alberta, and the condition of the pilot is unknown, the country’s defence department said on Monday. A spokesman for Canada’s Department of National Defence said a helicopter has been dispatched to search for the pilot. He did not have details of how many people were on […]
Trump team rejects effort to push vote recount | Reuters Top News | Mon Nov 28, 2016 | 10:35pm IST ‘+Reuters.inlinevideo.title+’ ‘+Reuters.inlinevideo.length+’ ‘); } WASHINGTON Donald Trump’s transition team on Monday pushed back against an emerging effort to recount votes from the Nov. 8 presidential election, calling it “nonsense,” but not offering any evidence to back the president-elect’s weekend tweet alleging millions of illegal votes. The Green […]
CAIRO: Egypt on Sunday denied Arab media reports claiming that it had a military presence in Syria, days after President Abdel Fattah El-Sisi expressed his support for the Syrian Army.“These claims only exist in the imagination of those who promote them,” the Foreign Ministry said in the statement.On Thursday, the Lebanese newspaper As-Safir said that 18 Egyptian air force pilots had been deployed on a military base […]
UAE, 27 November 2016 Consistent with its future plans and with the support of its Board, Gulf Navigation Holding entered into a Strategic Contract with the Deloitte, Pursuant to this Contract the Company “Deloitte” will provide the necessary Advisory Support for the Gulf Navigation Holding on the Acquisition of a Huge Maritime Fleet. HE Khamis Juma Buamim – Board Member, Managing Director and Group CEO – said […]
By John Miller | ZURICH ZURICH Swiss voted in a referendum on Sunday to reject a speedy exit from the nation’s five nuclear power plants, as concerns over losing energy independence outweighed safety worries raised by the measure’s proponents. Nearly 55 percent of voters turned down the initiative, with 45 percent favouring it in a vote that was part of the Swiss system of direct democracy giving […]
By Tom Westbrook | SYDNEY SYDNEY The ability of Australian telecoms company Telstra Corporation (TLS.AX) to offset the fall in its traditional revenue streams by diversifying into a range of technology and other businesses is in doubt. So far, Telstra’s funding of 44 startups since 2013, the A$235 million ($175 million) spent acquiring 18 health-related companies, the purchase of more than 30 companies by its venture-capital division, […]
Dubai, November 27, 2016: Al-Futtaim has announced the appointment of Dr. Hayan Sayed as Chief Executive Officer of Al-Futtaim Engineering and Technologies. Part of Al-Futtaim Group Real Estate, Al-Futtaim Engineering is a multi-disciplinary engineering organisation operating across UAE, Qatar and Saudi Arabia with over 30 years of successful operations. Al-Futtaim Technologies is a leading Converged Systems Integrator and provides complete business solutions to large, medium and small […]
By Supriyo Hazra | KOLKATA, India KOLKATA, India An overpass under construction in the bustling Indian city of Kolkata collapsed on Thursday on to vehicles and street vendors below, killing at least 14 people with more than 100 people feared trapped. Residents used their bare hands to try to rescue people pinned under a 100-metre (110-yard) length of metal and cement that snapped off at one end […]
