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04 March 2017 Bahrain – Investcorp, a global provider and manager of alternative investment products, today announced the completion of its acquisition and integration of the debt management business of 3i (“3iDM”) from 3i Group plc. The business, now recognized as Investcorp Credit Management (“ICM”), adds $11 billion of assets under management, bringing the total to approximately $21.4 billion. Investcorp Credit Management is a leading global credit […]

Digital and in-app transactions can reach unbanked audiences with convenient, fast and low-overhead services 04 March 2017 Dubai – The Foreign Exchange and Remittance Group (FERG), comprising businesses engaged in the money exchange and remittance industry, believes the rise of fintech in the GCC can help the remittance sector serve wider audiences faster through digital-first channels. The announcement comes as the Fintech industry booms globally and is […]

There were no surprises in Yellen’s speech in Chicago on Friday in which the Fed chair confirmed the sudden and dramatic hawkish turn hinted at earlier in the week by Dudley and Williams, and which sent March rate hike odds from the low 30s to nearly 100% in the span of days. According to Yellen, the FOMC would “evaluate whether employment and inflation are continuing to evolve […]

In the most arid areas where there is little to no water, there live nematodes of no more than 1 mm which feed on bacteria and help to mineralise soil and produce nutrients. In an orchard of Jaén a new species has appeared with a feature that makes them unique on the Iberian Peninsula: the males lack the copulatory organ. The southern part of the Iberian Peninsula, […]

KUALA LUMPUR Malaysia on Saturday expelled the North Korean ambassador to the country, declaring him “persona non grata” and asking the envoy to leave Malaysia within 48 hours. The move comes nearly three weeks after Kim Jong Nam, the estranged half brother of North Korean leader Kim Jong Un, was murdered at Kuala Lumpur’s airport with a toxic nerve agent. U.S. and South Korean officials have said […]

Ever wondered what is responsible for creating the magical Northern Lights across the Arctic, which many flock to see? A new study may hold the answer. A new research by DTU suggests that millions of electrically charged particles are transmitted to the Earth, which create storms that may generate the Aurora Borealis lights across the Arctic. The researchers share that not only do eruptions that occur on […]

Jon Corzine, the former New Jersey governor and Goldman Sachs chief who oversaw the collapse of MF Global, is poised to take the stand next week in a potentially explosive trial over the alleged negligence of the company’s auditor, PwC. The world’s second-biggest professional services firm was the auditor of MF Global, the futures brokerage that collapsed in October 2011 after huge bets on the debt of […]

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The Switch, Nintendo’s newest video game system, merges home gaming comfort and portability to create a unique, eye-catching platform. The nifty Joy-Con motion controllers foster the same casual-friendly gameplay that made the Wii a hit, while Switch’s tablet-style design and side-grip controller slots improve Nintendo’s Wii U vision. When you consider Nintendo’s dominance over the portable console market, it’s easy to imagine Switch following suit […]

Inside the Nintendo Switch iFixit It didn’t take long for the folks at iFixit to get their hands on the new Nintendo Switch and carry out a teardown. It reveals a massive battery and the sort of cooling system usually reserved for laptops. Must read: How to make Google Chrome use less battery power Nintendo Switch tech specs Customized Nvidia T1 Tegra chip 6.2-inch, 1280 × 720 […]

The DNA profile test on Kim Jong-nam (pictured) could be performed through the health or dental records of the man if DNA from his family could not be obtained, said the Deputy Health Minister. — Reuters picGEORGE TOWN, March 4 — The deoxyribonucleic acid (DNA) profile test on Kim Jong-nam, the estranged half-brother of North Korean leader Kim Jong-un, can be performed through the health or dental […]

Earlier this week, Japanese TV audiences glimpsed a potentially revolutionary contraption from the Matsue College of Technology that rapidly separates closed shijimi clamshells into those with a live mollusc inside and those without. Cut to footage of a human sorter, expertly performing the same function at a rate of just 90 kgs of shijimi per day and whose job this machine seems destined to replace. In other […]

Via Mac Slavo of SHTFPlan.com, Within hours of the election of Donald Trump the mainstream media, their politico counterparts and social media operatives began spreading the narrative that the President was only elected as a result of the dissemination of fake news. The term itself became a rallying cry for everyone from major search engines to massive social media websites who said they would create fact checking […]

By Minami Funakoshi | TOKYO TOKYO U.S. Secretary of State Rex Tillerson is due to visit Japan, South Korea and China this month to discuss North Korea on his first trip to the region since he took up his post, Japanese media reported on Saturday. Tillerson’s trip would come as the United States and China try to put relations on an even keel after a rocky start […]

The biggest issue facing the world of social media influencers is transparency. Should the person with 100,000 followers on Instagram (or 5.4 million followers as the keynote speaker, Joelle Mardinian, can boast) announce that she is being paid to promote a product? The inevitable tangents to the four hours of conversations tried to answer the question: what constitutes an influencer (or a content generator as one panellist […]

KUALA LUMPUR Malaysia on Saturday rejected claims it may have violated sanctions imposed by the United Nations on North Korea, after a Reuters report this week said North Korea-linked firms were running an arms network in the country. “Malaysia categorically rejects any such insinuation,” the country’s foreign ministry said in a statement. The statement said Malaysia has provided required responses to queries raised by the United Nations […]

Image copyright Reuters Image caption Ri Jong Chol arrived in Beijing early on Saturday The North Korean suspect questioned in connection with the death of Kim Jong-nam has said he was the victim of a conspiracy by the Malaysian authorities. Ri Jong Chol said his detention was a “plot” to “damage the honour of the republic”, Reuters news agency reports. He made the comments outside the North […]

Image: Cobalt This week Cobalt came out of stealth mode and introduced a mobile security robot. Just like a real security guard, the robot’s main job is to patrol a building to watch for any unusual activity and report anything suspicious to the appropriate authorities. “A fleet of Cobalt robots is comparable to an extremely competent guard with superhuman capabilities and omnipresent situational awareness across an entire […]

By Tulay Karadeniz | ANKARA ANKARA Turkish leaders condemned Germany on Friday for cancelling rallies of Turkish residents due to be addressed by Ankara’s ministers and accused Berlin of giving “shelter” to Turkey’s enemies. As the diplomatic spat between the two countries became increasingly angry, Turkish President Tayyip Erdogan said a German journalist being held in Turkey was a “German agent” and a member of an armed […]

The Rare Disease Day on Feb. 28 brought the international spotlight on many rare disorders, with President Donald Trump mentioning the need for speedy drug clearances to combat such conditions. Among these, one mysterious yet serious genetic disorder is nail-patella syndrome, also known as Fong disease or HOOD syndrome. NPS comes with many issues such as the absence of nails, small kneecaps, or the total absence of kneecaps. The […]

The National staff ABU DHABI // About 1,650 people have been given a range of medical assistance in Tanzania as part of the UAE’s Zayed Giving humanitarian drive. Children and elderly people were treated by the UAE’s team of medical volunteers. The initiative was carried out under the supervision of the UAE-Tanzanian voluntary medical team. The Zayed Giving convoys have now completed the first phase of its […]

BEIJING Ri Jong Chol, a suspect in the murder of the estranged half-brother of North Korea’s leader, said in Beijing that he was a victim of a conspiracy by Malaysian authorities attempting to damage the honour of North Korea. Ri, a North Korean, accused Malaysia of using coercion to try to extract a confession from him, he told reporters outside the North Korea embassy in Beijing on […]

Google is collaborating with the online education company Coursera to train more workers for the growing cloud computing industry. The companies on Friday announced the launch of a series of on-demand Google Cloud Platform training courses, developed and taught by “Google experts,” according to Louise Byrne, head of Cloud Training Delivery for Google Cloud. The courses, available for a range of skill levels from beginner to advanced, […]

DUBAI // What was once a wide, empty terrace at Ranches Primary School has been transformed into a peaceful outdoor garden where children as young as five can meditate and grow fruits and vegetables. Early years pupils visit the Rooftop Mindful Garden at least twice a day to calm their minds and nurture plants as part of a health awareness education programme the school is piloting with […]

While equity market euphoria at the prospect of President Donald Trump’s spendthrift, deregulatory agenda remains undimmed, bond investors are sending a very different message. US equity gauges have continued to climb this year, propelled by hopes of deregulation, tax cuts, government spending and more business-friendly policies. This week all four of the biggest stock indices achieved yet another “Grand Slam” of fresh records in the wake of […]

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