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As more and more enterprises give up license-based software in favor of faster, more convenient cloud services, the software industry itself is changing dramatically, according to a recent report from the advisory firm PwC (formerly known as PricewaterhouseCoopers). Although legacy software companies that have moved into the cloud are reaping the benefits of the growing “as-a-service” ecosystem, they are also facing some risks. The “PwC Global 100 […]

UAE.  Based on a new report by The Boston Consulting Group (BCG) titled Self-Driving Vehicles, Robo-Taxis, and the Urban Mobility Revolution—and prepared in collaboration with the World Economic Forum—consumers around the world are surprisingly knowledgeable about Self-Driving Vehicles (SDVs) and their potential benefits, and, by and large, they are more than willing to give them a try. In fact, the study shows that 70% of  consumers in […]

By ROD NORDLAND and ERIC SCHMITT August 13, 2016 CAIRO — American military drones monitored Islamic State militants loading up hundreds of cars, buses and trucks with fighters and civilians and fleeing the city of Manbij, Syria, on Friday, as Syrian rebels advanced and the extremists lost yet another stronghold. On Wednesday, the Libyan city of Surt, held by the Islamic State for more than a year, also fell to pro-government […]

By SHUAIB ALMOSAWA and ROD NORDLAND August 13, 2016 SANA, Yemen — Airstrikes carried out by warplanes from a military coalition led by Saudi Arabia killed at least 19 people, mostly children, on Saturday in a residential area and a school in northern Yemen, witnesses and hospital officials said. One bombardment in the village of Birken in the Razih District, near Yemen’s northern border with Saudi Arabia, struck the home of […]

A federal appeals court yesterday ruled that the Federal Communications Commission (FCC) overstepped its bounds when it issued an order to preempt state rules limiting the development of municipal broadband networks in Tennessee and North Carolina. The decision was welcomed by the telecom industry, which has in some places fought against city-led efforts to expand broadband services to more people. Supporters of local broadband expressed disappointment and […]

Bomb-blasted roads, frequent blackouts, shortages of basic equipment and an untested consumer market are hardly conditions that make for natural entrepreneurial opportunities. But three Army veterans and one civilian who all served in Afghanistan have taken on those challenges in their new venture. Their company, Rumi Spice, buys saffron from Afghan farmers and sells it to international customers. Their business is part of a small crop of […]

A security guard stands guard outside a branch of Rizal Commercial Banking Corporation (RCBC) in Paranaque city, Metro Manila, Philippines August 2, 2016. Reuters/Erik De Castro/File Photo MANILA Rizal Commercial Banking Corp (RCBC) officials say they have preserved ties with major U.S. banks despite the use of one of its branches in Manila by cyber criminals to funnel $81 million stolen from the Bangladesh central bank’s account […]

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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 solar storm that jammed radar and radio communications at the height of the Cold War could have led to a disastrous military conflict if not for the U.S. Air Force’s budding efforts to monitor the sun’s activity, a new study finds. On May 23, 1967, the Air Force prepared aircraft for war, thinking the nation’s surveillance radars in polar regions were being jammed by the Soviet […]

|By Arabian Post Staff| Uzbekistan’s banking system recently received Moody’s endorsement when the agency acknowledged that the country’s banks continue to benefit from a growing economy with well-diversified export revenues. “As a result, banks in Uzbekistan are somewhat shielded from the volatility characteristic of some other countries in CIS,” Olga Ulyanova, a Vice President – Senior Analyst at Moody’s, said in a report. The International Monetary Fund […]

|By Arabian Post Staff| Ford Motor Company has terminated its dealership agreement with Kuwait’s Arabian Motors Group WLL for the Ford and Lincoln brands, a top functionary of the US carmaker confirmed. The company will now go with Alghanim Auto, with which it had a relationship since March this year as an official importer. Alghanim Industries is one of the largest privately-owned and professionally managed companies in […]

A man uses a mobile phone in front of an advertisement board bearing the image of Pokemon Go at an electronic shop in Tokyo, Japan, July 27, 2016. Reuters/Kim Kyung-Hoon/File Photo SAN FRANCISCO Top video game companies, caught off-guard by the runaway success of Pokemon Go, are wrestling with how to play catch-up to the augmented reality app that has become a worldwide phenomenon. Nearly a dozen […]

ABU DHABI // Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, received the Yemeni prime minister Dr Ahmed Obeid bin Daghr at the Sea Palace on Monday. Sheikh Mohammed and Dr bin Daghr discussed the latest developments in Yemen in light of progress achieved by government forces on a number of fronts and political developments, especially the peace […]

Eyeing the opportunity to grow its e-commerce sales, Walmart today announced it will shell out $3.3 billion to acquire the online retailer Jet. Since launching a year ago, Jet has grown rapidly to reach $1 billion in merchandise sales. While Walmart dominates the brick-and-mortar retail ecosystem in the U.S., its online sales trail that of its greatest e-commerce competitor, Amazon. In 2015, Amazon reported net sales of […]

ABU DHABI // A pilot scheme to allow Filipinos working overseas to apply for an exit clearance each time they return home on holiday is to begin next month, officials announced on Monday. Those returning to the same employer and job site and listed on the electronic data base of the Philippine overseas employment administration (Poea) will no longer be required to secure an overseas employment certificate, […]

DUBAI // An American television network has been criticised by UAE residents after one of its anchors cited a report that Gems schools, based in Dubai, funded jihad. The comments, aired on a Fox Business Network show hosted by British-American Stuart Varney, were taken from a report from US political website The Daily Caller. Fox reiterated that the views were not that of the channel but of […]

SANA, Yemen — A pharmacist, Sadam al-Othari, had a firsthand look at the results of the collapse in peace talks in Yemen between the Saudi-led military coalition and Yemeni militias over the weekend when a bomb exploded outside his drugstore, killing a customer and his young son and wounding Mr. Othari. The customer and his son were among 18 Yemeni civilians killed when coalition warplanes bombed Al […]

When Shahram Amiri emerged from the shadows into the spotlight six years ago, he was a young Iranian scientist who suddenly appeared on YouTube from a safe house, telling a bizarre story of having been kidnapped by the Central Intelligence Agency. Then, in another video that quickly followed, his story changed: He had come to the United States voluntarily to study, but desperately missed his son back […]

BEIRUT, Lebanon — Rebel forces and their jihadist allies challenged the Syrian government’s siege of opposition-held districts of Aleppo over the weekend, seizing military facilities in the city’s southwest and tentatively opening a road to the besieged area. The government, backed in the skies by Russian jets and on the ground by fighters from the Lebanon-based Hezbollah militant group, pounded the area with airstrikes and artillery fire […]

INTERNATIONAL. EY announces the launch of its Commercial Analytics Services Hub (EY CASH). This cloud-based analytics platform helps consumer products and retail (CPR) companies accelerate growth by predicting consumer choice to inform key decisions. EY CASH combines the professional services organization’s sector experience with the flexibility, scalability and enhanced security of the Microsoft Azure cloud and Cortana Intelligence. With 73% of CPR companies finding profitable growth far […]

LEBANON.  Byblos Bank issued today, in cooperation with the Olayan School of Business at the American University of Beirut, the results of the Byblos Bank/AUB Consumer Confidence Index for the second quarter of 2016. The results show that the Byblos Bank/AUB Consumer Confidence Index improved by 5.3% in each of April and May, while it regressed by 1% in June 2016. The Index averaged 36.1 in the […]

WASHINGTON — The Syrian military was foundering last year, with thousands of rebel fighters pushing into areas of the country long considered to be government strongholds. The rebel offensive was aided by powerful tank-destroying missiles supplied by the Central Intelligence Agency and Saudi Arabia. Intelligence assessments circulated in Washington that the Syrian president, Bashar al-Assad, was losing his grip on power. But then the Russians arrived, bludgeoning […]

CAIRO — More than three months of peace talks to end the war in Yemen came to a halt Saturday, leaving in doubt the future of a shaky cease-fire and threatening to deepen what has a become one of the world’s worst humanitarian crises. The United Nations’ special envoy on Yemen, Ismail Ould Cheikh Ahmed, announced the suspension on Saturday in Kuwait, where the talks were being […]

YANGJU, South Korea — Surrounded by salvaged used-cars parts bound for Syria, Ahmad Khalifa has worked 12 hours a day for three years in one country that does not really want him while longing for another that war has destroyed. In junkyards in South Korean towns like Yangju, north of Seoul, there are hundreds of young Syrian men like Mr. Khalifa, who often worked, ate and slept […]

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