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General assembly meetings of FGB and NBAD held on December 7th Combined bank has total assets of approximately AED655 billion (US$178 billion), representing a 27% market share of UAE banking sector[1] Shareholders approve combined bank’s board of directors from effective merger date Effective date of merger towards the end of Q1 2017 as initially planned. Abu Dhabi, 7 December 2016 Shareholders in First Gulf Bank PJSC (FGB) […]

Spider-Man comics have never shied away from being weird. Classic Spider-Man villain Doc-Ock not too long ago possessed Peter Parker’s body only to eventually be removed, and events have only continued to get stranger from there. Which is where the ongoing The Clone Conspiracy event comes in. Spider-Man and clones have a long history, and some of that history comes back in spectacular fashion in the latest […]

Inuit throat singing admittedly isn’t the easiest sell to the wider music-buying populace, but when it’s presented in the startlingly visceral form favoured by Tanya Tagaq, that’s the loss of those who choose not to listen. Not that the Nunavut-born 41-year-old has struggled to find sympathetic ears to date. She won the prestigious Canadian Polaris Music Prize in 2014, gaining the respect of multimillion-selling contemporaries including Björk […]

DUBAI: Britain will help Gulf states “push back” against aggressive regional actions by Iran, Prime Minister Theresa May told the Gulf Cooperation Council (GCC) in Bahrain on Wednesday in a televised address.“We must… continue to confront state actors whose influence fuels instability in the region,” May told Gulf leaders at their annual summit.“So I want to assure you that I am clear-eyed about the threat that Iran […]

The Sheikh Zayed ­Heritage Festival opened its gates in Al Wathba last week, showcasing a range of exhibitions, foods and cultural performances from around the world. There are 18 different cultural districts, including nationally themed offerings from the UAE, ­Bahrain, Serbia, India and ­China, and each houses traditional souvenirs and handicrafts. Most of the merchandise is affordable and great value for money, but it doesn’t hurt to […]

Dubai aims to become the seventh leading maritime capital of the world by 2020 ahead of London, New York, Tokyo, Copenhagen, and Rio de Janeiro The UAE is first WTO member from the Arab region to ratify the new Trade Facilitation Agreement (TFA) in April 2016 07 December 2016Dubai aims to become the seventh leading maritime capital of the world by 2020 ahead of London, New […]

Samsung is only a few months away from unveiling the Galaxy S8 to the world. The smartphone will reportedly ditch the 3.5mm headphone jack and drop its physical home button for a fingerprint scanner embedded into its new RGB Super AMOLED Quad HD display. Apple and Samsung dominate the smartphone market and both companies have taken inspiration from each other over the years. Most recently Apple added […]

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This is part of a series on the global rise of exchange traded funds Have we reached Peak ETF? And are we therefore at last in a “stockpicker’s market” where active fund managers skilled in bottom-up stock selection can feast on the mispricings and anomalies that the herd of exchange traded funds have left in their wake? It is beguiling to think that this could have happened. […]

A line of Audi A4 cars are parked before a demonstration of Audi’s vehicle-to-infrastructure technology Tuesday, Dec. 6, 2016, in Las Vegas. The technology allows vehicles to “read” red lights ahead and tell the driver how long it’ll be before the signal turns green. For the driver, the system puts a traffic signal icon on the dashboard telling how many seconds the light will remain red. (AP […]

Submitted by Daniel Cloud “Donald Trump is either too incompetent to understand that his foolish phone call threatens our national security, or he’s doing it deliberately because he reportedly wants to build hotels in Taiwan to pad his own pockets.”        – (Democratic National Committee Spokesperson) Is that true? Did “incompetent” President-Elect Donald Trump’s “foolish” telephone conversation with Taiwan’s President Cai Yingwen actually “threaten American’s […]

Samsung is partnering up with SLG Design and Strap Studios to give every Gear S3 classic or frontier owner out there more ways to personalize their smartwatch. That said, these watch bands throw in a touch of style in the mix, creating a perfect blend of fashion and functionality out of the Samsung wearable. Strap Studio (Photo : Strap Studio) With 15 straps made out of Italian leather […]

Abu Dhabi // Sheikh Mohammed bin Rashid led the UAE delegation to the two-day GCC Summit on Tuesday, which is also being attended by UK prime minister Theresa May as she looks to expand trade ties ahead of Britain’s exit from the European Union. The 37th annual talks among the six Gulf member states in Manama were expected to focus on security within the GCC, economic integration […]

From mother of pearl jewllery to Vince Camuto’s new shoes, we look at the top fashion releases this week. newslide Pearly pleasantries Mother-of-pearl takes on a whole new identity in these glorious jewellery pieces from Aigner. Dainty earrings and chain bracelets feature ethereal mother-of-pearl discs encircled by gold borders stamped with Aigner in block-letters. The standout piece, however, is a mother-of-pearl timepiece, featuring a bracelet crafted from […]

PARIS Manuel Valls, who launched a bid for France’s presidential election on Monday, would not gather enough support to go through to its second round, according to an opinion poll published on Wednesday. Valls, President Francois Hollande’s prime minister since the spring of 2014, quit this week to run for president after Hollande himself decided against seeking a second term. If Valls were to win the Socialist […]

The 2016 edition of the Samsung Galaxy A5, released in January of this year, received a patch in early November to fix a critical security issue. Samsung did not disclose any specific details regarding the issue that the November update solved, perhaps to ward off attackers from looking for similar exploits. Unfortunately, it seems that there are more of such vulnerabilities in the Galaxy A5, as Samsung […]

A man holds up his mobile phone showing a M-Pesa mobile money transaction page for the photographer at an open air market in Kibera in Kenya’s capital Nairobi (Reuters/Noor Khamis). This post features a conversation with Georgia Levenson Keohane, executive director of the Pershing Square Foundation, adjunct professor of social enterprise at Columbia Business School, and author of Capital and the Common Good: How Innovative Finance is […]

The petrochemical sector helped carry Saudi Arabia’s stock market to a fresh one-year closing high on Tuesday after crude oil prices hit a 17-month peak. The main Saudi index added 0.7 percent to 7,155 points in extremely heavy turnover with gainers outnumbering losers 139 to 18. The index is now up 3.5 percent year-to-date. The petrochemical sector stayed strong; it has been contributing to the market’s positive […]

Narcissism has a modest but reliable positive relationship with a range of social media behaviors, a new statistical review of 62 studies with over 13,000 individuals found. (via WSJ)

The UAE Armed Forces is now using two of the most advanced military vehicles, which have been both designed and manufactured in the Emirates. NIMR Automotive, a subsidiary of Emirates Defence Industries Company and which has a manufacturing facility in Abu Dhabi, has introduced the N35 and the Ajban-class Special Operations Vehicle (SOV). Both were on display at the UAE’s National Day parade. The N35 is a […]

Paula Hawkins takes the plunge Into the Water It has been the publishing sensation of the past few years, so it is no surprise that news of the follow-up to Paula Hawkins’s psychological thriller The Girl on the Train made waves this week. Into the Water will be released on May 2 next year, and Hawkins shows no signs of diverting from the successful formula that has […]

A four-rotor “bunnycopter” developed at MIT’s Computer Science and Artificial Intelligence Laboratory features propellers at different heights. Credit: Jason Dorfman/MIT CSAIL This fall’s new Federal Aviation Administration regulations have made drone flight easier than ever for both companies and consumers. But what if the drones out on the market aren’t exactly what you want? A new system from MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) is […]

By Stanley White | TOKYO TOKYO Japanese Prime Minister Shinzo Abe is arranging to meet Donald Trump about a week after he takes over as U.S. president on Jan. 20, Jiji news service reported on Tuesday. Abe met Trump in New York last month, soon after his election victory, and Jiji said Abe would meet him around Jan. 27. Trump’s inauguration is due on Jan. 20. A […]

InfoComm MEA Opens Today as Region’s Leading A/V Event, Showcasing Holograms, Videoboards, and Audio and Lighting Systems DUBAI, United Arab Emirates – 6 December 2016  Holograms, massive videoboards, and state-of-the-art audio and lighting displays will be among the audiovisual innovations set to make Expo 2020 in Dubai the world’s most technologically advanced event. The UAE is one of the fastest-growing professional audiovisual markets in one of […]

The vast majority of UAE-based CEOs are confident about prospects for their organisations over the next three years, according to the KPMG 2016 CEO Outlook report.  The survey findings revealed that 76 percent of polled UAE-based CEOs – compared to 41 percent of global CEOs – believe that their business will change significantly over the next three years. The survey also found that UAE bosses believe that […]

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