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Abu Dhabi, November 14, 2016:  Abu Dhabi Islamic Bank (ADIB) and Thomson Reuters announced today the winners of the 4th edition of the Ethical Finance Innovation and Challenge Awards (EFICA). Tirad Al Mahmoud, Chief Executive Officer of Abu Dhabi Islamic Bank (ADIB) presented The EFICA Lifetime Achievement Award to the former governor of Malaysia’s Central Bank, Dr Zeti Akhtar Aziz for her pivotal role in developing the […]

|By Arabian Post Staff|The GCC has the potential to become the world’s fastest growing e-commerce playground, according to A. T. Kearney’s ‘Getting in on the GCC E-commerce Game’ report. Despite strong economic fundamentals, the GCC is one of the most underpenetrated e-commerce markets in the world. However, with high levels of disposal income, world-leading internet and smartphone penetration, and changing consumer preferences, there is robust potential in […]

With a strong sustainability plan in place, TASNEEF will use CSR to encourage best practice and strengthen the UAE 2021 vision of excellence in both public and private sectors. Abu Dhabi – 14 November 2016 TASNEEF in cooperation with the joint venture TASNEEF Business Assurance has started to implement a Corporate Social Responsibility (CSR) system, in line with its strategic plans and CSR objectives, by various activities […]

ABU DHABI // More than 400 prominent international and regional decision-makers, politicians, and academics are set to converge on the Third Abu Dhabi Strategic Debate, ADSD, on November 13-14 at Emirates Palace, Abu Dhabi. The event is being organised by the Emirates Policy Centre (EPC), in co-operation with the UAE’s Ministry of Foreign Affairs and International Cooperation, and the Atlantic Council. The timing of the 2016 ADSD […]

Donald Trump has appointed Mike Pence, his running mate, to head his transition team as he prepares to start naming people to fill top posts in his administration. Mr Trump also appointed four members of his family, including his daughter Ivanka and her husband Jared Kushner, along with the financiers Anthony Scaramucci and Steven Mnuchin. The team will also include Stephen Bannon, his campaign chief executive, Reince […]

DUBAI // Sheikh Mohammed bin Rashid met the Armenian president on Thursday for a meeting in which their countries signed agreements in security, science, emergency response and commerce. In his meeting with Serzh Sargsyan at Zabeel Palace in Dubai, the Vice President and Ruler of Dubai said the UAE welcomes countries that support peace and human values. Sheikh Saif bin Zayed, Deputy Prime Minister and Minister of […]

Tech behemoth Dell EMC launched a new service to protect enterprise applications running on Amazon Web Services (AWS) yesterday called NetWorker. The company said the service will provide a complete enterprise-grade backup solution for those apps. In addition, NetWorker will run completely self-contained within an AWS environment and it will include client-side optimized backups, inline de-duplication, encryption, and compression with backup directly to Amazon S3. “The availability […]

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AT&T Trying To Buy Time Warner Inc. After its acquisition of satellite television service DirecTV, telephone giant AT&T Inc. might be setting its sights on an even bigger prize, Time Warner Inc. Bloomberg News reported Thursday afternoon that AT&T and Time Warner executives have engaged in preliminary talks about a potential merger or other partnerships. [Update: Friday evening, The Wall Street Journal reported that AT&T is in […]

The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) and Jordan Securities Commission (JSC) signed an agreement (MoU) to enhance regulatory cooperation and foster cross-border activities. The MoU establishes a framework for both Authorities to co-operate on supervisory matters and exchange of information to maintain the stability and well-being of the financial systems in each respective capital market. This agreement further complemented and […]

By Edward Taylor and Eric Auchard | PARIS/FRANKFURT PARIS/FRANKFURT Alarmed by the threat posed by Silicon Valley firms to their businesses in developing autonomous driving systems, it was evident at the Paris Motor Show this week that carmakers are seeking to fight back by cooperating in areas of technology development where previously they might have tried to compete. Three big carmakers – BMW (BMWG.DE), Daimler (DAIGn.DE) and […]

FRANKFURT Europe’s biggest software maker SAP has earmarked 2 billion euros ($2.2 bln) for investments in products that help companies to connect everything from washing machines to cars to the Internet. The German company said it would invest that amount by the end of 2020, targeting what it estimates to be a 250 billion-euro market in the so-called Internet of Things (IoT), in which regular objects are […]

|By Arabian Post Staff|The DIFC Wills & Probate Registry (W&PR) has announced the launch of an online facility that provides eligible resident and non-resident property owners with a simple, cost-effective way to pass on their assets. This new facility has been made available on The Registry’s website www.difcprobate.ae from 6th September 2016. Property owners can complete a template will online that is specifically limited to real estate. […]

MasterCard Inc said on Tuesday it had expanded its deal with payment processor PayPal Holdings Inc, which would allow customers to use PayPal’s payment services in stores. PayPal’s partnership follows a similar deal with MasterCard’s larger rival Visa Inc in July as the company looks to expand its payments network. PayPal will allow users to select a credit or debit card as the default payment method and […]

INTERNATIONAL.  Nearly all of the Chief Strategy Officers (CSOs) surveyed by Accenture (NYSE: ACN) around the world acknowledge that digital disruption will reshape their industries, but very few are equipped to navigate the change. Those who feel most prepared are embracing new strategic alliances, devising more collaborative ways of operating with partners, and making themselves indispensable within a broader ecosystem.  For the report ‘Thriving on Disruption’, the Accenture […]

INTERNATIONAL. The future for many young people across the Middle East and North Africa looks bleak. The World Bank records that 54% of the working age population in the Middle East and North Africa is unemployed with little prospect of any positive immediate change. An average of 28.7% of 15 to 24-year-olds in the Middle East and 30.6% of those in North Africa are unemployed according to […]

|By Arabian Post Staff| Marya Group, headquartered in Abu Dhabi, announced an increase to its investment portfolio, bringing the total invested to more than $ 1 billion. Marya Group focuses on making private and public equity investments in cash-generating business with strong fundamentals across core economic sectors that are resilient: education, health care, food and beverage processing as well as real estate. Its investments are centered on […]

Despite recently weakening consumer sales for both the iPhone and iPad, Apple devices and software have enjoyed a growing presence in business enterprises. Out of net sales of nearly $234 billion in 2015, some $25 billion came through sales to large business customers, according to Apple’s most recent annual report, released in October. While those sales were just a small fraction of the company’s overall revenues, they […]

A sign of Alibaba Group is seen at CES (Consumer Electronics Show) Asia 2016 in Shanghai, China, May 12, 2016. Reuters/Aly Song/File Photo HONG KONG Chinese e-commerce giant Alibaba Group Holding Ltd is offering to help international technology firms such as SAP SE to enter China, a market where foreign tech companies face increased government scrutiny. Alibaba Cloud, the cloud computing arm of Alibaba Group, said in […]

A new line of chips from Qualcomm aim to be the go-to hardware to power the growing wearables market. Over the weekend, the chipmaker announced a new line of processors called the Snapdragon Wear 1100, containing numerous functions and complex usage capabilities. The new chipsets will be integrated into smart watches, smart headsets and various accessories. The new chips, which are meant to complement Qualcomm’s recently introduced […]

The interior of the office of ride-hailing service Uber is seen in this picture in Gurugram, previously known as Gurgaon, on the outskirts of New Delhi, India, April 19, 2016. Reuters/Anindito Mukherjee SAN FRANCISCO Toyota Motor Corp (7203.T) said on Tuesday it would invest in on-demand ride-hailing company Uber, the latest in a wave of high-profile moves by automakers to embrace their potential upstart rivals as partners, […]

Tech giant Microsoft said today that it has awarded grants to entrepreneurs who want to expand Internet access across the world, especially in less prosperous areas that lack affordable access. The company’s Affordable Access Initiative awards grants to startup companies that are developing new technologies to improve Internet access to communities. The goal of the initiative is to “democratize access to the Internet through grants, commercial partnerships, […]

Noting that “terrorism is one of the truly urgent issues of our time,” Microsoft recently said it is taking several steps to identify and combat extremist content online. Those measures include a change in its terms of use to prohibit the posting of terrorist content on Microsoft consumer services like Xbox Live, OneDrive, Skype and Outlook, according to a blog post on Friday. The company defines such […]

In the latest salvo of the battle of the note-taking apps, Google and Evernote announced this week that Google Drive content will now be available in Evernote. In the world of mobile note-taking apps, Evernote is the primary competitor of Microsoft’s OneNote. Evernote had also been competing with Google’s own note-taking app, Google Keep, but Evernote said that integrating with Google Drive content is a natural next […]

|By Dr Xiaoxi He, Technology Analyst, IDTechEx| Many interests have been raised within the battery business in 2015 through a number of activities: the launch of Tesla’s Powerwall with low prices supported by the capability of Gigafactory, Apple’s patent relating to charging and managing power in a device with solid-state batteries, LG Chem’s opening of a mega battery plant in Nanjing, Bosch’s purchase of polymer solid-state battery companySeeo, etc. Not to mention the tremendous number of investment, acquisitions, partnerships and joint ventures. At the same time, new battery technologies are appearing […]

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