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Dubai Electricity and Water Authority (DEWA) has announced plans to double the number of its electric vehicles charging stations to 200 across Dubai. DEWA said in a statement it is setting up different types of charging stations, including fast-charging stations installed at petrol stations that take 20-40 minutes. These stations have three different plugs, one with a capacity of 48 kilowatts (kW) for Alternating Current (AC), CHAdeMO […]

The advent of spring heralds many changes such as a rising temperature, the melting of ice, and the blooming of flowers. This transition from winter to the growing season is called the “vernal window” by scientists. According to a new study conducted led by researchers at the University of New Hampshire, there is an early opening of the vernal window and the phase may last longer. This indicates […]

18 March 2017 Manama, Bahrain – GFH Financial Group (“GFH” or “the Group”) announced today that it has convened its first meeting in Abu Dhabi last Thursday for its new Board of Directors, whose appointment was recently confirmed for the 2017-2019.  Upon its first meeting the 10 member Board have indorsed the appointment of his Excellency Shaikh Ahmed Bin Khalifa Al-Khalifa as GFH’s new Chairman and Dr. […]

Despite another turbulent few days in British politics, the pound is ending the week on a firmer footing. Sterling brushed off the latest bout of Brexit nerves and further worries about a break-up of the UK, closing near $1.24 on Friday. Its revival was aided by a dovish Federal Reserve and a hawkish Bank of England. However, there are still plenty of currency-watchers who see further trouble […]

Modcloth was founded in 2002 in Pittsburgh by Susan Koger. Walmart is buying Modcloth, an online retailer known for its vintage and geek-chic fashion designed to a range of female body types. Financial terms were not disclosed, but Walmart said it acquired Modcloth’s assets and operations and that the deal has already closed. Modcloth was founded in 2002 in Pittsburgh by Susan Koger, then a student at […]

At 38 years and counting, the clock is ticking against the famed environmental artist for his proposal to create the world’s largest sculpture in the UAE desert. Even though many of Christo’s memories may be cherished, not every anniversary is a cause for celebration. “I am not a masochist, I don’t like to spend 38 years working on this project,” says the white-haired artist who wrapped the […]

By Sijia Jiang | HONG KONG HONG KONG Chinese technology conglomerate LeEco is looking to sell a 49-acre U.S. Silicon Valley property less than a year after buying it from Yahoo Inc, sources said, in what is the latest effort by the firm to ride out a cash crunch. LeEco, one of China’s most ambitious companies that grew from a Netflix-like video website to a business empire […]

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Katherine Pace, CEO of children’s lifestyle tech startup Elanation, believes that while children are born “digital natives”, the more they are handed iPads, computers, mobile phones, wearables, and smart garments, the more cases of childhood obesity and digital depression or addiction emerge. In response, Pace and her co-founder Aimee Atkins decided to build a suite of technology products for kids, with a health-focused twist on the usual […]

Underlying net profit up 7.3%, driven by continued margin expansion Aamal Company Board recommends a cash dividend of 6% (QAR 0.60 a share) Doha, 15 March 2017  The Board of Directors of Aamal Company QPSC (“Aamal”), one of the GCC’s fastest growing diversified companies, today announces the financial results for the year ended 31 December 2016 Financial Highlights Group revenue marginally down, by 1.8%, to QAR 2,829.1m […]

ABU DHABI // The introduction of value-added tax in the UAE next year, in tandem with the other five GCC countries, will boost government revenues that took a hit with falling oil prices. VAT could generate Dh12 billion in its first year and Dh20bn in its second year, said Sultan Al Mansouri, Minister of Economy. The international monetary fund (IMF) said introducing VAT at a low rate […]

According to Google, background tabs are responsible for up to a third of Chrome’s power use on a desktop. Image: Google Google has begun to throttle some background tabs in Chrome as part of a plan to reduce its browser’s impact on power consumption. Chrome 57 introduces the first phase of its plan, which ultimately aims to kill background tab processing and reduce the browser’s impact on […]

DHAKA Police in Bangladesh fired teargas and water cannon on Wednesday to disperse hundreds of demonstrators trying to besiege the energy ministry in a protest against an increase in gas prices. Starting from this month, gas prices are to be raised by an average of 22.7 percent in two phases. It is the second such hike within two years, despite objections from political parties and industry, including […]

When Strata + Hadoop World comes around in the US, once a year in New York and once a year, as it is now, in San Jose, CA, it’s a bit of a news feeding frenzy. I’m not even at the event; I was merely pre-briefed by four vendors, last week and yesterday, with announcements they’re making this morning. And still, it’s a lot. Cloudera told me […]

By Suleiman Al-Khalidi | AMMAN AMMAN A prominent Iraqi Sunni politician on Monday warned Washington the acceleration in a military campaign in western Mosul to drive out Islamic State jihadists was causing a sudden surge in civilian casualties that threatened to undermine the effort to crush the militants. Khamis Khanjar, who has used his leverage to lobby the U.S. administration and the Iraqi authorities to ensure the […]

By David Lawder | WASHINGTON WASHINGTON Fourteen million Americans would lose medical insurance by next year under a Republican plan to dismantle Obamacare that would also reduce the budget deficit, a nonpartisan congressional research office said on Monday, throwing President Donald Trump and Republicans on the defensive as they press forward with replacement legislation. The U.S. Congressional Budget Office forecast that 24 million more people would be […]

Venus, known as Earth’s sister planet, is getting more attention for deeper exploration with many short- and medium-term plans on the anvil. Venus is special because it is on the cusp of a habitable zone with an atmosphere. Despite the hotter climate, weird atmospheric pressure, and acid rains, there is an expectation that Venus might be harboring many secrets. Challenges For Exploration Exploration of Venus had been fraught […]

When it comes to renewable energy in Saudi Arabia, there still remains more than a hint of scepticism. Multi-billion dollar plans have come and gone and the kingdom has made little progress developing renewable energy capabilities to harness its advantageous climatic conditions. In 2010, the King Abdullah Centre for Atomic and Renewable Energy (KA-Care) was established to develop the country’s renewable and nuclear capabilities, as the country […]

MAG 5 Property Development has announced the launch of MAG 5, the third phase of its MAG 5 Boulevard community in Dubai. The developer said in a statement that MAG 5 has been released in response to “increasing investor demand for studios and both one and two bedroom apartments”. MAG 5 Boulevard is the second project developed by MAG 5 PD, and is its first in the […]

Company’s yearly revenue surges by more than 30% in 2016, staff strength increases from 350 in 2015 to 600 in 2016 11 March 2017 Abu Dhabi, UAE – Emirates International Property Services (EIPS), a Bloom Holding subsidiary that offers a comprehensive range of competitive, customised facility management services, has adopted a simpler and more dynamic brand name – b.fm. The move is part of the company’s strategy […]

The Google Pixel XL is among the hottest Android smartphones currently available on the market, but it gets some serious competition from the newly unveiled LG G6. LG officially announced its latest flagship smartphone, the LG G6, at the Mobile World Congress (MWC) 2017 on Feb. 26. The powerhouse comes with high-end specs and features all around, including a premium, waterproof build, a large HDR display and […]

Chowbotics Inc. has landed $5 million in a Series A round of venture funding to develop what it’s calling food service robots. These are machines designed to prepare food in restaurants, cafeterias, hotels, or food courts in airports, malls and hospitals. The company’s flagship product, Sally, is a salad-making robot that uses 20 different food canisters to prepare and serve more than 1,000 different types of salads. According to Chowbotics […]

Scientists are reporting on the creation of a phase of matter, dubbed a time crystal, in which atoms move in a pattern that repeats in time rather than in space. (via WSJ)

Security is still the most important aspect of network digitisation, Cisco has said, with the networking giant now focused on embedding its security technology into its “next generation” of products. “The best digital offence starts with the best security defence,” Chris Dedicoat, executive VP for Worldwide Sales and Field Operations at Cisco, said during his keynote speech at Cisco Live Melbourne on Wednesday. “We’re focused on two […]

Providing Innovative Financing Solutions to Buyers Interested In Purchasing Residential Units Muscat, March 08, 2017 Sohar Islamic, Bank Sohar’s Islamic Banking Window signed a memorandum of understanding (MoU) with National Mass Housing, a developer of integrated housing communities, to provide preferential Shari’ah Compliant financing solutions to potential Omani’s buyers for purchasing residential units in the upcoming Areej project – phase 2 located in Muscat. The purpose of […]

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