Dubai, UAE 08 March 2017 Amlak Finance PJSC, a leading specialized real estate financier in the Middle East, today announced its Full Year Financial Results for the year ended 31 December 2016. Amlak reported net profits of AED 107 million at the end of December 2016, a decrease of 20% compared to AED 135 million in 2015. The Company’s total revenues, however, reached AED 778 million in […]
Salesforce has built in its Einstein artificial intelligence platform and the upshot is that the move appears to be a smart way to grow organically and hit its revenue growth targets. special feature How to Implement AI and Machine Learning The next wave of IT innovation will be powered by artificial intelligence and machine learning. We look at the ways companies can take advantage of it and […]
07 March 2017 Dubai, UAE – The board of Dragon Oil, a subsidiary of Dubai-government owned ENOC Group, appointed industry veteran Ali Rashid Al-Jarwan as the new Chief Executive Officer. His appointment to Dragon Oil comes close on the heels of the new board of directors being appointed in January this year. The new head takes over from His Excellency Saif Humaid Al Falasi, Group CEO, ENOC, […]
The two Fortune 500 companies, International Business Machines corp. (IBM) and Salesforce, have agreed to integrate their artificial intelligence platforms and some of their software and service components. As part of the deal, Salesforce customers could make use of the data from IBM’s Watson artificial intelligence platforms whereas IBM would be deploying Salesforce Service Cloud for internal use, more or less a sign of good will. The […]
By Matt Spetalnick and David Brunnstrom | WASHINGTON WASHINGTON Faced with a growing test of resolve for a new U.S. president who vowed while campaigning to get tough on North Korea, Donald Trump’s aides are pressing to complete a strategy review on how to counter Pyongyang’s missile and nuclear threats. Pyongyang’s latest missile launches and the assassination in Malaysia of North Korean leader Kim Jong Un’s estranged […]
Photo A banner calling for the boycott, divestment and sanctioning of Israel hanging from the Manhattan Bridge in New York during a protest against Israel’s military campaign in Gaza in 2014. Credit Michael Appleton for The New York Times Israel’s Parliament has struck back at the international boycott movement against the country and its settlements in the West Bank by passing a law barring entry to foreigners […]
The House of Lords has voted in support of a requirement for the government to bring the final terms of Britain’s exit from the EU before parliament for its approval, inflicting a second defeat on Theresa May’s Brexit strategy in the space of a week. With 634 peers voting — the largest number of peers to participate in a vote in the upper chamber on record, according […]
Google Cloud on Tuesday unveiled a series of steps it’s taking to strengthen its partner program, such as simplifying requirements, creating new partner incentives, and introducing new partner specializations — along with a new collection of partners recognized in those areas. “Google Cloud partners are essential to our commitment to help enterprises innovate faster, scale smarter and stay secure,” Bertrand Yansouni, VP of Google’s Global Partner Sales […]
By Jonathan Stempel | NEW YORK NEW YORK PricewaterhouseCoopers LLP [PWC.UL] pinned the blame for MF Global Holdings Ltd’s collapse squarely on the commodity brokerage and its former chief executive, Jon Corzine, at the start on Tuesday of a trial over whether the auditor should pay about $3 billion for its alleged negligence. Jurors are considering a demand by MF Global’s bankruptcy plan administrator that PwC be […]
As the President gets ready to sign a new immigration executive order today (see our note here: “Trump To Sign New Executive Order On Travel Bans Today: Will Exclude Iraq, Green Card Holders“), a group of overly burdened federal immigration judges are wondering whether they’ll get additional support to tackle their already massive caseload which is sure to only balloon further under Trump’s new rules. As the […]
Dubai has issued new regulations on the installation of electric vehicle charging stations as it looks to be at the forefront of environmentally-friendly cars. Sheikh Ahmed bin Saeed Al Maktoum, chairman of the Dubai Supreme Council of Energy, has issued directive number 1 of 2017 which states that all public and private organisations and developers in Dubai must get approvals from Dubai Electricity and Water Authority (DEWA) […]
Researchers have demonstrated a new polysulfide entrapping strategy that greatly improves the cycle stability of Li-S batteries, a new report outlines. (via WSJ)
By Ernest Scheyder | HOUSTON HOUSTON Exxon Mobil Corp (XOM.N), the world’s largest publicly traded oil producer, said on Monday it would invest $20 billion through 2022 to expand its chemical and oil refining plants on the U.S. Gulf Coast. The investments at 11 sites should create 35,000 temporary construction jobs and 12,000 permanent jobs, Chief Executive Darren Woods said in a speech at CERAWeek, the world’s […]
Bingqing Wei and colleagues are working to build a better lithium-sulfur battery. Credit: Kathy F. Atkinson/University of Delaware Rechargeable lithium-ion batteries are the power behind most modern portable electronics, including cell phones, tablets, laptops, fitness trackers, and smart watches. However, their energy density—that is, the amount of energy stored within a given amount of physical space, or mass—will need to be improved for these batteries to see […]
After losing her six-week-old son, a grieving mother from Utah decided to donate her breast milk to families who are in need. The toddler had been diagnosed with a rare immune disorder, called DiGeorge Syndrome. Nicura Thompson, who gave birth full-term Oct. 21, 2016, to her fourth child, had known since her fifth month of pregnancy that her child was suffering from seven different heart conditions. The child […]
Manila – The Philippine police chief said his forces had “reloaded” and were back fighting their president’s deadly war on drugs, just over a month after they were withdrawn because of widespread corruption. President Rodrigo Duterte said in late January he had suspended all police from his crackdown on illegal drugs, which has claimed more than 6 500 lives, after describing them as “rotten to the core”. […]
FRANKFURT Shares in Deutsche Bank (DBKGn.DE) fell almost 7 percent in early trading on Monday after the lender announced an 8 billion-euro ($8.48 billion) capital increase that Chief Executive John Cryan had previously declared a last resort. The capital hike is its fourth since 2010. Together with a partial listing of the asset-management unit and a sale of other assets, the move should take its core capital […]
Via JC Collins of Philosophy of Metrics.com, First they came for the Socialists, and I did not speak out—Because I was not a Socialist.Then they came for the Trade Unionists, and I did not speak out—Because I was not a Trade Unionist.Then they came for the Jews, and I did not speak out—Because I was not a Jew.Then they came for me—And there was no one left […]
It’s four in the morning. Other than a spectacular blanket of stars, there isn’t much to see. While there are certainly other boats in the water, the crew feel completely alone in an unforgiving ocean. Tonight, my thoughts are on keeping a steady course, all part of our quest to break the extreme sailing record for a transatlantic crossing. Back on dry land with ample time to […]
Deutsche Bank on Sunday unveiled an €8bn capital increase and its latest sweeping strategic overhaul, as chief executive John Cryan seeks to put Germany’s biggest bank “back on the front foot” after a year of turmoil. The moves, some of which reverse changes to the structure of businesses announced only 18 months ago, come after a year when Deutsche was caught up in two brutal market sell-offs. […]
· Tasdeer showcased 20 Qatari food and beverage sector companies at Dubai World Trade Center from 26 February – 2 March 2017 · Food and beverage industry valued at more than USD $5 trillion globally, according to estimates · Expo attracted key businessmen, decision-makers and investors from agri-food industry from across the world 05 March 2017· Tasdeer showcased 20 Qatari food and beverage sector companies […]
Whether a nation should retaliate against a cyber attack is a complicated decision, and a new framework guided by game theory could help policymakers determine the best strategy. (via WSJ)
A historic change in party rules has handed Shinzo Abe the possibility of becoming Japan’s longest-serving prime minister in more than half a century. The revision, which would allow Mr Abe to stay in power until 2021, marks a stunning turnaround for a country long known for its revolving door of prime ministers to becoming one of the most stable governments among the group of seven leading […]
HP Inc’s new Customer Welcome Centre in London. Image: HP Inc/Jonny Back Photography George Brasher is a 26-year HP veteran who has worked in a variety of roles in the company’s printer and PC divisions over the years and is now HP Inc’s managing director for the UK and Ireland. ZDNet caught up with him at the company’s brand-new million-pound Customer Welcome Centre (CWC) in London, to […]
