logo

News related to
Strategy

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 […]

Evan Spiegel and other top executives at Snap, the owner of messaging app Snapchat, on Tuesday pitched the company to hundreds of investors in New York and faced questions about user growth, costs and the development of the platform. The ballroom at the Mandarin Oriental in midtown Manhattan was the second stop on a roadshow for the company’s listing, after it kicked off its marketing blitz in […]

Advertisements

Manama, Bahrain (21 February 2017) Seef Properties, the leading integrated development company in the Kingdom of Bahrain, announced its financial results for the year ended on 31 December 2016 with a net profit totaling BD11.04 Million. The results were announced during a meeting held on February 21st 2017, headed by Chairman Mr Essa Najibi. The Board of Directors also decided to recommend to the General Assembly to […]

Whatever route the government chooses for Brexit it will need to cooperate with other countries, especially our EU neighbours, to combat tax avoidance, tax evasion and money laundering. Yet the signs are not very good as the government seems to have chosen non-cooperation. It has snubbed the EU inquiry into the Panama Papers. Last year, a leak of 11.5m documents and 2.6 terabytes of information from the […]

At least 180 Chinese listed companies will be forced to cancel or scale back planned rights offerings worth $97bn in response to regulations that target excessive fundraising used for dubious acquisitions and financial speculation. The rules come as Chinese regulators are increasingly concerned about the trend of “exit the real, enter the fake” — a phrase used to denote companies abandoning real economic activity in favour of […]

H.E. Mohammed Al Gergawi: The vision of His Highness Sheikh Mohammed bin Rashid is clear and the role of the council is to put the strategy of Dubai 10x into action We will be working to stay ahead of future trends and developments and to maintain our lead over other major cities, implementing today what cities around the world will be adopting 10 years from now Dubai, […]

DUBAI// Enoc will open 10 new petrol stations this year and will add 54 stations by 2020. The expansion began with the opening of the Warsan station on the Dubai-Hatta Road in the eastern region of the emirate. The new stations will be located in Sheikh Zayed Road, Al Barsha South, Hessa Street, Sheikh Rashid Road, Bab Al Shams, Hatta, Jumeirah Village, Al Lehbab Road, and Academic […]

Doha, 20 February 2017 Al Khalij Commercial Bank (al khaliji) Q.S.C. held its Annual General Assembly (AGA) and its Extraordinary General Assembly (EGA) meetings on Monday 20 February 2017. At the Annual General Assembly meeting, the shareholders endorsed the financial statements for the fiscal year ended at 31 December 2016 which reflect a Net Profit after Tax of QAR 427 million. His Excellency Sheikh Hamad Bin Faisal […]

Microsoft may have decided to nix its HoloLens 2 headset which was expected to debut in early 2017 and decided to go straight to version 3 in 2019. The decision to skip version 2 and go straight to 3 is according to a report on February 19 from Brad Sams on Thurrott.com. Sams cites multiple anonymous sources as saying Microsoft’s next HoloLens release is two years away. […]

ABU DHABI // Abu Dhabi will increase protected habitats by thousands of square kilometres and rehabilitate dozens of endangered species in a plan to tackle the most pressing environmental issues. By 2020, more than 15 per cent of the emirate’s land and 13 per cent of its water will be legally protected natural reserves. The Environment Agency Abu Dhabi, or Ead, plans to triple rehabilitation and breeding […]

The quaint cobblestone streets of the historic Gastown district of Vancouver belie its status as a fast-growing technology hub. Drawing on links with nearby Seattle, and San Francisco further south, a tech boom in Canada’s third-largest city has pulled in tens of thousands of skilled workers and start-up entrepreneurs in recent years, sparking a fierce fight for the limited supply of office space. Now the commercial centre […]

Some of the world’s biggest sovereign wealth funds are increasingly striking their own private equity deals rather than relying on external fund managers, in a drive to cut costs and gain more control. With some $6.5 trillion in assets, sovereign investors already account for 19 percent of capital committed to private equity, according to data from research firm Preqin. But mega-funds such as the Abu Dhabi Investment […]

Chinese technology giant Huawei has opened a narrowband Internet of Things (NB-IoT) lab in Australia to provide research and development opportunities around applications, smart devices, and sensor networks. The lab is situated within James Cook University in Cairns, Queensland, with Huawei kitting it out with IoT technology and giving the university funding for research. Its positioning within northern Australia will see it focus on smart applications for […]

Taj El Khayat to bolster development in key markets, with security and cloud to the fore 19 February 2017 Dubai, United Arab Emirates – F5 Networks (NASDAQ: FFIV) has appointed Taj El Khayat as its new director for the Gulf, Levant & North Africa region. Reporting directly to Diego Arrabal, Middle East and Africa VP, F5 Networks, El Khayat will lead a team comprising of salespeople, channel […]

Stock markets in the Middle East were mixed in modest trading volumes  on Sunday with Saudi Arabia and Qatar outperforming because of support from the banking sector, while Egypt fell as the currency hit a three-month high. Two-thirds of the 12 listed banks on Saudi Arabia’s bourse gained, lifting the index 0.1 percent. Alawwal Bank added 2.7 percent, with most activity occurring in the last hour of […]

By Carl O’Donnell | NEW YORK NEW YORK U.S. food company Kraft Heinz Co (KHC.O) withdrew its proposal for a $143-billion merger with larger rival Unilever Plc (ULVR.L), the companies said on Sunday, raising questions about whether Kraft could turn its focus to another target. Kraft had made a surprise offer for Unilever to build a global consumer goods behemoth that was flatly rejected on Friday by […]

Last week, as delegations from the new US administration, Russia, China and the EU gathered at the Munich Security Conference to discuss the strategic challenges facing the international community, a very different international assembly was taking place at the Abu Dhabi headquarters of the UAE’s Ministry of Culture and Knowledge Development. As ministers in Germany prepared to debate matters diplomats define as “hard power” – military and […]

Kraft Heinz, the Warren Buffett-backed US food group, dropped its $143bn pursuit of consumer products rival Unilever on Sunday, only two days after publicly confirming its interest in acquiring the Anglo-Dutch rival. Kraft Heinz said in a joint statement with Unilever that it had “amicably agreed to withdraw its proposal for a combination of the two companies”. A takeover would have created the world’s second-largest consumer goods […]

LONDON British Prime Minister Theresa May has asked top officials to examine U.S. food company Kraft Heinz’s (KHC.O) proposed takeover of Unilever Plc (ULVR.L), the Financial Times reported on Sunday without citing any sources. Kraft’s surprise $143 billion offer, which would be the largest ever acquisition of a UK-based company, was flatly rejected by Unilever on Friday. The Financial Times said May had ordered officials to see […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
Just in:
CPI, CPM dispute portrayal of Vayalar uprising leaders // ONYX Hospitality Group Expands Strategic Partnerships through ONYX Rewards // Altman ranks UAE ahead on artificial intelligence adoption // Assembly ruckus trial begins after 11 years // Use Of Nuclear Weapons Against Iran Could Trigger A Global Chain Reaction // Arrow Electronics showcases technologies advancing intelligent robotics, mobility and digital infrastructure // Bank99 launches business accounts through Austrian postal network // US forces conduct undisclosed strikes on Qeshm Island // XTransfer and Bank of China (Hong Kong) Announce Partnership at Hong Kong FinTech Week // DIP Holding targets Dh1.12 IPO price and $529m proceeds // ADNOC authorises Ruwais Diyab gas development for 2029 // America On Edge: November 3 Mid Term Polls Outcome May Weaken Trump // Democrats capture Senate majority with seven Republican seats // Ondine Capital Announces First Close of Fund III to Drive AI and Semiconductor Innovation // Winners and losers if a blue wave sweeps US Congress // ChatGPT billing fraud deploys rotating sites for card theft // Apollo broadens Abu Dhabi partnership through Mubadala Capital stake // UAE outlines Dh200 billion energy investment at ADIPEC // AI trust gap reveals distinct retail priorities: Divergent paths to consumer growth in Hong Kong and the GBA // Wired earphones regain buyers as 2016 nostalgia spreads //