Government of Dubai Media Office – 9 March 2017: Crown Prince of Dubai and Chairman of Dubai Executive Council His Highness Sheikh Hamdan bin Mohammed bin Rashid al Maktoum approved Executive Council Resolution No. (4) of 2017 related to fines and fees of Dubai Civil Aviation Authority. As per the Resolution, anyone who seeks to perform an activity in the aviation sector in Dubai is required to […]
Emirates National Oil Company (ENOC) has announced plans to build 10 new service stations in 2017, as part of its 2020 expansion programme to increase its retail network capacity by 40 percent. The group’s plans for this year started with the opening of its new Warsan service station, with other locations to include Sheikh Zayed Road, Al Barsha South, Hessa Street, Sheikh Rashid Road, Bab Al Shams, […]
Saudi Arabia’s is set to narrow during 2017 on the back of higher oil prices, discipline in spending and non-oil revenue measures, according to a new research note by Bank of America Merrill Lynch. BofA Merrill Lynch said it sees the 2017 budget deficit at SR316 billion ($85 billion), about 12 percent of the Gulf kingdom’s GDP, compared to a deficit of SR402 billion in 2016, which […]
By Alastair Sharp | TORONTO TORONTO Three families who helped shelter former U.S. National Security Agency contractor Edward Snowden in Hong Kong in 2013 after his mass leak of information about surveillance programs have asked Canada for asylum, their lawyer said on Friday. The families – three Sri Lankan adults, a Filipina, and three stateless children – have had long-pending asylum claims in Hong Kong that they […]
In this May 13, 2015, file photo, Google’s new self-driving prototype car is introduced at the Google campus in Mountain View, Calif. Cars with no steering wheel, no pedals and nobody at all inside could be driving themselves on California roads by the end of 2017, under proposed new rules that would give a powerful boost to the technology from the nation’s most populous state. (AP Photo/Tony […]
10 March 2017 MARC has affirmed its ratings of MARC-1/AA on Murud Capital Sdn Bhd’s (Murud Capital) Senior Commercial Papers/Medium-Term Notes Programme (Senior CP/MTN Programme) of up to RM290 million. The outlook on the ratings is stable. Murud Capital currently has an outstanding RM279 million Senior CP under the Senior CP/MTN Programme. Murud Capital is a special purpose vehicle incorporated by MRCB-Quill REIT to set up the […]
By Lucia Mutikani | WASHINGTON WASHINGTON U.S. employers hired workers at a robust pace in February, beating expectations, and wages grinded higher, which could give the Federal Reserve the green light to raise interest rates next week despite slowing economic growth. Nonfarm payrolls increased by 235,000 jobs last month as the construction sector recorded its largest gain in nearly 10 years due to unseasonably warm weather, the […]
ABU DHABI // The UAE topped the GCC in a Gender Progress Index released by business school Insead this week. The index takes a holistic view towards gender issues and includes education, health, labour, politics, power and society. It considers the relative performance of men versus women with no distinction between the two. The findings were discussed at a seminar marking International Women’s Day at the Insead […]
In his 30-plus year career as a professor at New York University, Jay Rosen says he can’t remember a time when the relationship between journalists and the White House was more poisonous or fundamentally undemocratic than it is under President Trump. “I don’t think there are many parallels to what we’re seeing now,” Rosen said. “There’s so much about this situation that is completely strange and busts […]
SecuritySpy is a very full-featured program that can support a wide range of camera types. Back in 2013, I showed how to build an Internet-centric, mobile-enabled video surveillance system using HD video transmitted over in-wall power lines. The system was based on Logitech’s Alert product line. Sadly, Logitech killed that product line a few years ago, leaving owners struggling to maintain their systems. More great project ideas […]
A global research team has built five new synthetic yeast chromosomes, meaning that 30 percent of a key organism’s genetic material has now been swapped out for engineered replacements. This is one of several findings of a package of seven papers published March 10 as the cover story for Science. Led by NYU Langone geneticist Jef Boeke, PhD, and a team of more than 200 authors, the […]
The first massive data set of a ‘cosmic census’ has been released using the largest digital camera on the Subaru Telescope. With its beautiful images now available for the public at large, figuring out the fate of the Universe has come one step closer. (via WSJ)
DETROIT Volkswagen AG (VOWG_p.DE) pleaded guilty on Friday to three felony counts as part of a $4.3 billion plea agreement reached with the Justice Department in January over the automaker’s massive diesel emissions scandal. VW general counsel Manfred Doess made the plea on the company’s behalf after he said at a hearing in U.S. District Court in Detroit that he was authorized by the board of directors […]
A couple travelling the world on a Vespa scooter have been taking in the sights of the UAE on the latest leg of their trip. Italian Paolo Zambon and Canadian Lindsay Doig have clocked up more than 60,000km on the two-wheeler on their on-off journey, which has taken them to 12 countries as far afield as Italy and Australia. The couple, who live in Vancouver, have been […]
The report from January was one of hundreds that Mr. Abdul Kareem has made inside Syria in recent years, building his reputation as a unique voice covering the war from rebel-held areas that other Western journalists have fled for fear of kidnapping and beheading by jihadists. Continue reading the main story Along the way, Mr. Abdul Kareem has interviewed foreign fighters from Britain, Saudi Arabia and elsewhere […]
It has been nearly seven years but investors are finally beginning to focus on the prospect of a tightening in monetary policy for the eurozone. A subtle shift in the signalling from European Central Bank president Mario Draghi this week has pushed up the probability of a December 2017 rate rise to more than 50 per cent from just odds of a tenth at the start of […]
Kuala Lumpur, 10 March 2017 Cagamas Berhad (“Cagamas” or “the Company”), the National Mortgage Corporation of Malaysia, announced its RM2.2 billion equivalent dual currency issuance, comprising a 5-year RM2.0 billion Conventional Medium Term Notes (CMTN) which was issued under Cagamas’ existing RM40 billion Medium Term Notes Programme and a 1-year SGD50 million Sukuk. The issuance was issued through the Company’s wholly-owned subsidiary, Cagamas Global Sukuk Berhad under […]
Chemical computers are becoming ever more of a reality. It turns out that after an appropriate teaching procedure even a relatively simple chemical system can perform non-trivial operations. In their most recent computer simulations researchers have shown that correctly programmed chemical matrices of oscillating droplets can recognize the shape of a sphere with great accuracy. (via WSJ)
ABU DHABI // The number of Emirati students opting to enrol in Stem courses is slowly increasing, educators say. While about 70 per cent of students choose to study business or business-related subjects, more are looking at the benefits of choosing science, technology, engineering and mathematics courses, said Dr Warren Fox, head of higher education in Dubai’s education regulator, the Knowledge and Human Development Authority. “There’s change […]
Uber’s crisis PR activities have returned to relative normality in Asia after the U.S. firm ran into fresh issues with government regulators in two countries this week: Hong Kong and Thailand. The ride-sharing giant has been fighting some serious corporate fires in the U.S. lately — around its toxic work culture, connections to a polarizing U.S. President, and its CEO’s attitude to its drivers — but it is back to basics as UberX drivers in the two countries come under […]
Your daily guide to community and cultural activities across the Emirates for March 10, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Aarti Jhurani rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Nationwide New film Badrinath Ki […]
Mario Draghi has declared victory against deflation and moved a step towards ending the European Central Bank’s ultra loose monetary policy, sending the euro and German bond yields higher as investors bet on the end of crisis-era stimulus measures. Facing growing pressure from monetary hawks in Germany, the ECB president said the bank decided to change its guidance to investors — omitting a reference to using all […]
SEOUL South Korea’s Constitutional Court upheld the impeachment of President Park Geun-hye on Friday, removing her from office over a graft scandal involving big business that has gripped the country for months. Park becomes South Korea’s first democratically elected leader to be forced from office. A presidential election will be held in 60 days, according to the constitution. “We remove Park Geun-hye from office,” Lee Jung-mi, acting […]
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 […]
