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With over 150 Saudi suppliers now, GE aims to double the number by 2020, creating a dynamic Saudi supply chain ecosystem that serves global markets GE’s investments in localized manufacturing helps build Saudi entrepreneurship, create new jobs for Saudis and build the local SME sector Dubai, United Arab Emirates; December 15, 2016 GE Oil & Gas today won the ‘Best in Supplier Development’ honor at the In […]

December 14, 2016 by: Robin Harding in Tokyo Optimism at Japanese companies is on the rise for the first time in 18 months after Donald Trump’s election as US president breathed new life into the country’s drive to escape deflation. The Bank of Japan’s closely watched tankan index for large manufacturers rose from +6 to +10 in December, the first increase since the second quarter of 2015, […]

The Google self-driving car has already split from the search company after Alphabet decided that it should be a separate entity with its own business unit under Alphabet, Google’s parent company. It also assumed a new name and it is now called Waymo. These fresh developments signify that the driverless car is nearly poised for official launch. To get things going further, Alphabet has appointed John Krafcik […]

In this July 20, 2015 file photo, a pedestrian crosses in front of a vehicle as part of a demonstration at Mcity on its opening day on the University of Michigan campus in Ann Arbor, Mich. Cars that wirelessly talk to each other are finally ready for the road, creating the potential to dramatically reduce traffic deaths, improve the safety of self-driving cars and someday maybe even […]

Here’s a little known fact about supermoons: They’re made up and a complete waste of everyone’s time. Supermoons are a by-product of an always-on media machine that demands a constant stream of things to comment on and—in the absence of actual commentary-worthy items—is more than willing to completely fabricate them. The term “supermoon” refers to a full moon that occurs when the moon […]

A month ago, India asked more than 1.2 billion people to turn out their pockets and turn in their old bank notes, all in an effort to stamp out corruption and tax evasion. A colossal undertaking by any standard, the experiment has unfolded in ways that few nations’ administrators might have been able to predict. That has forced the Indian government to adapt, sometimes without warning, to […]

ALEPPO, SYRIA: The Syrian army recaptured a major district of Aleppo on Monday, leaving opposition fighters cornered in a small pocket as the battle for the city entered its “final phase.”President Bashar Assad’s forces held more than 90 percent of the onetime opposition stronghold of east Aleppo, a monitor and military official said, and appeared on the verge of retaking the entire city.A Syrian military official in […]

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NEW DELHI—Early last month, Prime Minister Narendra Modi summoned his cabinet to a room in India’s capital, told them to leave their cellphones outside and delivered a shocker: He was about to go on national television to declare that almost 90% of the country’s paper money would no longer be legal tender. The move, prepared in secret by Mr. Modi and his advisers, kicked off a radical […]

Developer Diyar Al Muharraq has announced that 50 percent of  Al Qamra freehold residential plots were sold on the launch day of the second and final phase of the project Bahrain. The launch followed the successful sale of the first phase which witnessed “tremendous public response”. The second phase of Al Qamra sees the launch of 54 freehold residential plots ranging from 300 to 550 square metres, […]

Casual observers of Indian cinema might be unaware of the reasons why Rekha, an actress who dominated Bollywood during the 1970s and 1980s, dropped out of the public eye and became a semi-recluse. She rarely grants interviews or attends show business events. The chance to see her in public last week, when she attended the opening of the 13th Dubai International Film Festival on Wednesday and collected […]

Qatar Rail has announced a major construction milestone with the completion of all viaducts across the elevated sections of Doha Metro project. The construction of viaducts included the northern and southern sections of the Red Line and a section of the Green Line. The installation of the final segment of the viaducts was celebrated near the Doha Golf Club, a statement said. Jassim Saif Ahmed Al Sulaiti, […]

Developers behind a $190.5 million affordable housing project in Dubai have announced that 50 percent of its second phase of homes have been sold within a week. MAG 5 Property Development, a real-estate company formed jointly by MAG Property Development and MBM Holding, announced the sales success for its MAG 5 Boulevard project at Dubai South. This is the first community project developed by MAG 5 Property […]

Dubai’s only listed crude shipper has announced plans for a major expansion of facilities in the northern Emirates including a new ship building and repair yard. Gulf Navigation said in a statement that it is starting studies for the expansion, known as the GNH Northern Project. The plan will include ship building, ship repair and offshore platforms, equipment and services, logistics, marine specialised operations and global mobile […]

We watch crystallization take place every winter when ice crystals form on our windows. But no one had ever seen it happen at the molecular level – until now. Scientists have created a way to observe this phase of crystallization, verifying long-held theories. (via WSJ)

International retail franchise operator MH Alshaya Co is preparing to open 32 brands at the new Mall of Qatar, which is set for a soft opening on December 10. Alshaya’s portfolio at the mall will include eight brands that will be making their debut in Qatar. The brands opening for the first time in Qatar include The Cheesecake Factory, Victoria’s Secret, Texas Roadhouse, Le Pain Quotidien, Bridgewater […]

ABU DHABI // The health and welfare of new mothers and their babies are being neglected because essential postnatal care and attention to their overall wellbeing are not available, specialists say. Expatriate mothers in particular lack support at a critical time in their child’s development, as their families are usually overseas. Dr Muhaj Al Shaikhli, consultant gynaecologist at Burjeel Hospital, said some services were offered in Dubai […]

After decades of eluding researchers because of chemical instability, key metal-oxide clusters have been isolated in water, a significant advance for growing the clusters with the impeccable control over atoms that’s required to manufacture small features in electronic circuits. Oregon State University chemists created the aqueous cluster formation process. It yielded a polyoxocation of zinc, aluminum and chromium that is not protected by the organic ligand shell […]

Dubai-based Citigate Commodities Trading has signed a joint venture agreement with Stellar Diamonds, the London listed diamond development company focused on west Africa, for Safa Afrique, its diamond mining portfolio. Under the deal, Stellar Diamonds will be operating mines in Liberia and Guinea for the first phase while Citigate Commodities Trading has been appointed as the official off-taker of all diamonds produced. The agreement follows a deal […]

The Dubai Land Department is cleaning out unscrupulous real estate agents and greedy landlords in a bid to polish the emirate’s reputation as a transparent property market attractive to investors across the world. In an exclusive interview with Arabian Business, Ali Abdulla Al Ali, director of the Dubai Land Department’s (DLD) real estate licensing division, says several new initiatives introduced this year are already showing benefits. Al […]

“When we took the land in Dubailand and talked about our plans to launch a sustainable project, many thought we were just bluffing. Today, when people come and see our project they are simply amazed,” says Faris Saeed, sitting in his temporary office in one of the solar-powered villas in The Sustainable City. Ironically, the new city is the result of a failed development called The Lagoons, […]

What are Australia’s policy options for responding to the internet threats of 2022? This question was explored in the 360° Cyber Game conducted jointly by RAND Corporation and the National Security College (NSC) at the Australian National University (ANU) in Canberra on Thursday. RAND has conducted two of these games before, in Washington DC and in Silicon Valley, and has written up the methodology and results in […]

Madrid, Spain – 09 November 2016 Fotowatio Renewable Ventures (FRV), a leading global developer of large-scale solar power plants and part of Abdul Latif Jameel Energy, has been awarded a 30 year 300 MW solar project in the second electricity market auction, conducted by the National Energy Control Center (CENACE) of Mexico. With this Build-Operate-Own agreement, FRV extends its global footprint into the Mexican market at very […]

DUBAI // Two planet Earths will be needed by 2050 if human beings continue to exploit natural resources at current rates, scientists said on Thursday. With this year’s annual Earth resources consumed in full by August 8 and a population expected to reach 9.6 billion by 2050, the UAE has launched the region’s first soil museum, in Dubai, to help raise awareness about its sustainable use. “Unfortunately, […]

Investors bought firmly into the view that a diverging outlook for interest rates is the key driver for the euro in the wake of the European Central Bank’s extension of quantitative easing, leaving the single currency nursing its biggest one-day drop against the dollar since the UK’s vote to leave the EU. After a knee-jerk 1 per cent leap up in the euro as headlines flashed that […]

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