The chairman of Dubai Holding, the investment vehicle of the emirate’s ruler and a major force in developing the Dubai economy, has resigned to focus on his role in the national government, the conglomerate said on Saturday. As head of Dubai Holding, Mohammed Abdullah al-Gergawi oversaw a $35 billion portfolio of assets in more than 20 countries, in industries ranging from tourism and real estate to media, […]
Origami-inspired materials use folds in materials to embed powerful functionality. However, all that folding can be pretty labor intensive. Now, researchers are drawing material inspiration from another ancient Japanese paper craft — kirigami. (via WSJ)
As with the worlds of haute couture and prêt-à-porter in fashion, France’s small-cap companies depend vitally on the success of the main Paris bourse. Yet as the country braces itself for the presidential election, and as US and other international investors start reducing their French holdings, a flight from the small-caps to the larger, more liquid French companies might be expected. But the opposite has actually been […]
By Frank Jack Daniel | MEXICO CITY MEXICO CITY An emboldened Mexico hardened its opposition to President Donald Trump on Friday by saying it would retaliate if the United States imposed a border tax and that it can afford to lose financial aid that might be pulled to pay for a border wall. Foreign Minister Luis Videgaray said Mexico could respond to any tax the United States […]
By John Walcott and Matt Spetalnick | WASHINGTON WASHINGTON A proposal the Trump administration is considering to designate Iran’s Islamic Revolutionary Guard Corps a terrorist organisation has stalled over warnings from defence and intelligence officials that the move could backfire, according to officials familiar with the matter. “If you do that, there is no way to escalate, and you would foreclose any possibility of talking to the […]
Ford has spent the last few years transforming itself from a car company into a technology and transportation company. Ford still wants to sell cars, but increasingly the company focuses on how those vehicles interact with city infrastructure, other vehicles, and the passengers themselves. One of the executives leading that imitative is Don Butler, Director of Connected Vehicles and Services at Ford. I spoke with […]
24 February 2017 Roads and Transport Authority – Majdi Abu Zaid: The Roads and Transport Authority (RTA) has succeeded in securing the renewal of ISO 9001:2008 Certificate in Quality Management System for the year 2017 from the German company TUR NORD; one of the specialist global businesses specialized in assessing and awarding certificates and benchmarking the performance of entities against ISO standards. “Renewing ISO 9001:2008 Certification of […]
Should we try to time the market? And has the boom in passive investments brought any problems in its wake? The problems are linked and urgent. The move from traditional actively managed funds to passive indexed funds, which aim merely to track and index and reduce costs, continues to intensify. Meanwhile, if ever there was a point when it might seem right to time the market, and […]
So much for sticking “nuclear weapons” in carriers’ dumb pipes. Shine, last year’s enfant terrible of mobile ad blocking is pivoting (again!) — in both tone of voice and business model. It’s also rebranding to, er, Rainbow. So, to keep tabs, since 2011 this Disrupt startup battlefield alum has moved from trying to sell mobile antivirus (Shine Security), to threatening network-level mobile ad blocking (Shine Technologies), to — its latest pivot — […]
For a century after the incredibly influential writings of Carl von Clausewitz in the early years of the 19th-century, the study of war, specifically the study of battles, occupied a regal prominence in the field of history-writing. It was taken as a given that the study of battles was illustrative, even vaguely ennobling, and monumental, multi-volume battle-histories appeared at regular intervals, often running to many reprints and […]
Dubai, United Arab Emirates, February 23, 2017-( ME NewsWire) Sustainability reporters across the globe have been using the GRI Guidelines for the past 15 years. GRI reports have been published from more than 90 countries around the world, with thousands of organisations referencing the guidelines to create the leading framework for sustainability reporting. The Guidelines are specifically referenced in policy or regulation in more than 40 countries […]
Many fear electronic voting machines can be hacked and tampered with. Image: iStock The hacking campaign around the US presidential election, cyberattacks against Ukrain’s power grid, and even the internet crippling Mirai botnet DDoS attack all demonstrate how cyberattacks have grown to threaten the very fabric of society itself, NATO has warned. Citing the impact of high profile incidents like these, Jamie Shea, deputy assistant secretary general […]
Axa chief executive Thomas Buberl has distanced himself from a bid for Generali’s German life insurance business. There has been speculation that the French group could play a part in any break-up process that would follow the possible acquisition of Generali by Italian bank Intesa Sanpaolo. However, speaking to the Financial Times on Thursday, Mr Buberl said that “buying a traditional life insurance business in Germany would […]
22 February 2017 Al Maha Arjaan by Rotana is pleased to announce the appointment of Nadim El Zyr as General Manager of the hotel. Born and raised in a legacy of hoteliers, he spans a career of over 15 years in the hospitality industry and brings an assortment of rich experience. In his new role he will provide strategic leadership that ensures effective and efficient management of […]
Telstra has sold its remaining 6.5 percent stake in Chinese online company Autohome to Chinese insurer Ping An Insurance Group for $29.30 per share, for a total of $217 million (AU$282 million). “The divestment reflects Ping An is now well established as a strategic partner for Autohome,” Telstra said in a statement to the Australian Securities Exchange (ASX) on Thursday morning. “As a result of the sale, […]
Fitch Ratings-Moscow-22 February 2017 Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of five UAE banks with Stable Outlook and maintained Rating Watch Positive (RWP) on First Gulf Bank’s (FGB) IDRs. The agency also downgraded the Viability Rating of Union National Bank (UNB) to ‘bbb-‘ from ‘bbb’. A full list of rating actions is at the end of this commentary. KEY RATING DRIVERS IDRs, SUPPORT […]
By Simon Jessop and Pamela Barbaglia | LONDON LONDON Unilever (ULVR.L) sought to show shareholders it can go it alone on Wednesday after rejecting Kraft Heinz’s (KHC.O) $143 billion bid, with the promise of a swift, far-reaching review. This should be completed by early April and could lead to asset sales and cost cuts, a source close to the Anglo-Dutch company said only days after it roundly […]
But one option being considered is for American troops to step up their support of the fighters by firing artillery, shooting mortars, helping with logistics and significantly expanding efforts to advise them, much as the United States is doing for Iraqi forces in the battle for Mosul. Continue reading the main story In late January, President Trump gave the defense secretary, Jim Mattis, 30 days to develop […]
Dubai, United Arab Emirates, February 22, 2017-(ME NewsWire) Concourse D marks its first anniversary on February 24 following a successful inaugural year that saw over 16.6 million passengers enjoy its customer-friendly design and top-flight retail and food and beverage offering. Concourse D, which represents the final major piece of infrastructure to be built at DXB as part of the $7.8 billion Strategic Plan 2020 programme, was a […]
I’m an innovation evangelist with SAP. Each year, I present at about 50 conferences around the world, talking to business and IT audiences about the impact of the latest technologies. I’ve been doing this for a long time, but I’ve recently noticed a change. When I talk about topics such as analytics and big data, audiences are clearly looking for lessons learned that they can apply to […]
Paul Polman thought it was just going to be an informal catch-up. But it quickly became clear that Alexandre Behring, chairman of Kraft Heinz, had something very specific on his mind when he visited Unilever’s art deco headquarters in London last month. Had Mr Polman, chief executive of Unilever since 2009, ever considered a collaboration with Kraft Heinz, Mr Behring wanted to know. Mr Polman took this […]
But they are not buying much. Unemployment is high, especially among the many young people graduating from college. In all, 50,000 people remain displaced. Electricity and water supplies are still near crisis levels. Hamas, which governs Gaza, elected a new hard-line leader. Tunnel building goes on (and, presumably, so does the construction and smuggling of weapons). On the Israeli side, the political right talks of a new […]
22 Feb 2017, Doha, Qatar The Commercial Bank (P.S.Q.C.) (“the Bank”), its subsidiaries and associates (“Group”) announced today its financial results for the full year ended 31 December 2016. The Group reported a net profit of QAR 501.4 million as compared to QAR 1,434 million for the same period in 2015, a decrease of 65%. The Bank reported a net profit of QAR 683 million (2015- QAR […]
By Nathalie Kantaris Diaz | PARIS PARIS Amnesty International said on Wednesday U.S. President Donald Trump’s “poisonous” rhetoric on his way to winning the White House led a global trend towards increasingly divisive politics in 2016 that had made the world a “darker” place. In its annual report covering 159 countries, the human rights group said principles of human dignity and equality had come under assault from […]
