Much has been made in the last several years for the need of the CIO and CMO to align on technology plans, as marketing strategy increasingly must be realized largely or entirely within digital experiences. While the CIO has long owned the overall technology stack inside of the enterprise, the CMO has certainly had a say in it in most organizations since the rise of digital marketing […]
DUBAI – Dec. 30, 2016 Global developer Emaar Properties and Twitter announced today that they are partnering to live stream the New Year’s Eve firework displays in Dubai to a global Twitter audience. This is the first live streaming deal Twitter has announced with a partner based in the MENA region. The live show will air on New Year’s Eve, from Downtown Dubai at 11:30pm GST/11:30am PST […]
30 December 2016 The Roads and Transport Authority – Dubai: A delegation from the Roads and Transport Authority (RTA) has met with specialists in research & production centers as well as public & private entities in the United States and the United Kingdom during visits to these two countries. The visits were part of efforts to develop Dubai Autonomous Transportation Strategy involving self-driving vehicles of the RTA. […]
Back in September we wrote about what we thought for sure would be the wackiest new state law passed in 2016. The law came from the state of California (of course) and demanded a 40% reduction in methane gas from cow flatulence by 2030. Here’s what we had to say about the bill: In yet another attack on California businesses, yesterday Governor Jerry Brown signed into law […]
Dubai, UAE, 30 December 2016 Dubai Electricity and Water Authority (DEWA) won the Best Business Award 2016, which is one of the most prestigious business awards in the UK in the field of health and safety. This reflects DEWA’s international position in leadership and excellence, and its efforts, commitment and achievements in the field of health and safety over the last 15 years. HE Saeed Mohammed Al […]
Even if a trip is only a few blocks, human drivers need to make hundreds of calculations in order to reach their destination safely, and we do it without much thought. For example, is it raining, sunny, clear, or foggy? Is it early morning when kids are walking to school or later in the day? For computers to safely drive cars, they must also take […]
Financial markets in 2016 endured an escalation of negative interest rates, the collapse and subsequent rebound in commodity prices and fluctuating stock market valuations. The test for investors began in week one, as fears of a China slowdown roiled stock indices weeks after the Federal Reserve began to normalise policy. Over the ensuing months, the Brexit vote and US election would prove significant mile markers, shift thinking […]
HONG KONG China’s Huawei Technologies Co Ltd [HWT.UL], one of the world’s largest telecom equipment makers, said on Friday it expects 2016 revenue growth to slow slightly to 32 percent and forecast greater uncertainties next year. The Shenzhen-based company, which competes with Sweden’s Ericsson (ERICb.ST) for the top spot in the global market for telecoms equipment, sees 2016 revenue hitting 520 billion yuan ($74.8 billion), said Eric […]
In August, US group ValueAct announced a $1.1bn stake in Morgan Stanley. Yet the notorious boardroom activist had no plans to shake up management, no beef with strategy at the investment bank. The stock, it said, was simply cheap. Mere months later an investment that had seemed brave at the time is worth $1.8bn. ValueAct’s gain is just one of the more striking examples of an extreme […]
The Singapore government has invested significant resources and efforts in building up a thriving startup environment, but its inhabitants must now take risks and look beyond local shores. Jeffrey Paine, general partner at Golden Gate Ventures, believed Singapore’s startup scene had progressed well over the last six to eight years. He said a number of successful startups had grown and executed well in the region, as well […]
On October 17, every employee at Dentsu — Japan’s biggest advertising agency and arguably the country’s most influential company — received the same, catastrophic-sounding message from the company’s president, Tadashi Ishii. “The approved way of working at our company cannot be accepted by stakeholders, including the authorities,” said the memo, according to media reports. Coming a month after Dentsu was caught overbilling hundreds of clients, and just […]
29 December 2016 Munich. As 2016 comes to a close, BMW is able to look back on a highly successful year with well over 50 national and international awards and distinctions. As in the past, vehicles of the brand were highly rated by juries across a range of different categories and topics, frequently finishing at the top of the winners’ rostrum. The awards reflect not just outstanding […]
|By Arabian Post Staff| There is a greater national focus on achieving operational efficiency across sectors in the Middle East – and one notable area that stands to benefit immensely from embracing digitally-enabled solutions is utilities, Booz Allen Hamilton says in its energy trend forecasts for 2017. Change continues to be the defining feature of the global energy sector in 2017. In the oil and gas industry, […]
Principal Investment Arm of the Government of Dubai Grows its Portfolio to AED 736.8 Billion Dubai 28 December 2016 Investment Corporation of Dubai (ICD) announced its consolidated financial results for the six-month period ended 30 June 2016 showing Revenues of AED 82.5 Billion and a Net Profit of AED 10.3 Billion. These results are achieved against a backdrop of lower oil and commodity prices, a strong US […]
ABU DHABI // Five hundred taxis at Dubai airport will soon be equipped with free WiFi. Telecoms firm du has signed an agreement with Dubai Taxi Corporation of the Roads and Transport Authority to provide passengers with free internet and smart screens in the airport cab fleet. “Our cooperation with du to provide internet and smart screens across our Dubai Airport fleet embodies the Smart Dubai strategy […]
Almost all – nine in 10 – Middle East workers believe that employee loyalty is tied to higher productivity, but ‘loyalty’ for them is no longer about remaining in the same company for a long period of time, a survey suggests. Recruitment website Bayt.com surveyed 8,223 respondents from countries including the UAE, Algeria, Egypt, Jordan, Kuwait, Lebanon, Morocco, Oman, Tunisia, Qatar, KSA and Yemen between November and […]
Gasoline and Aromatics Project will add 4.2 mtpa of gasoline supply and 1.6 mtpa of aromatics Abu Dhabi, UAE – December 28, 2016 The Abu Dhabi Oil Refining Company (TAKREER), an ADNOC Group company announced, today, the awarding of two major contracts for its Gasoline and Aromatics Project (GAP), that will significantly increase its gasoline production capacity. As part of ADNOC’s growth strategy, TAKREER plans to expand […]
Arguably the biggest newspaper business story of 2016 was Gannett’s failed (for now) bid to take over Tronc. What the broken deal says about the industry, however, is more than a little ambiguous. For starters, consider that 2016 was a particularly hard year financially, with advertising revenue losses that started bad and got even worse in the fall. Both Gannett and Tronc are profitable on a cash […]
Time to pick the trends that will make the industry interesting—or not—next year. This is the time of year when the tech pundits discuss what happened last year and what will happen next year. Usually they miss the points from last year and mess up those for next. But let’s see if I can do any better. The Internet […]
When the direct trading link between stock markets in Shenzhen and Hong Kong opened this month, local dignitaries were easy to spot at the launch events. Less conspicuous were international investors ready to take advantage of what was billed as a big opportunity to buy into Chinese equities. The link offers foreign investors greater access to shares on the Shenzhen Stock Exchange, home to some of China’s up […]
By Shinichi Saoshiro | TOKYO TOKYO Asia stocks followed Wall Street higher on Wednesday, while the dollar firmed against the yen following the release of upbeat U.S. economic data overnight. Crude oil prices held large gains on expectations of supply tightening once oil-producing nations implement a scheduled output cut. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.4 percent. Australian stocks rode a rise in […]
ABU DHABI // A private philanthropic fund set up to support Emiratis in education, their careers, and encourage entrepreneurship has raised hundreds of millions of dirhams in its first year. Initiated in April by a group of Emirati businessmen, Sandooq Al Watan, or National Fund, aims to develop the economy by supporting social entrepreneurship, providing Emiratis with career guidance, identifying and developing talent and funding research and […]
Dubai, UAE, 27 December 2016 HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), has opened the Dubai Future Accelerators workshop organised by the Dubai Government Excellence Program on 27 December 2016 at Jumeirah Emirates Towers. In his keynote speech, Al Tayer emphasised that the UAE is an active key player in shaping the future through accelerators, innovation, and adopting scientific […]
Gazprom has submitted proposals to Brussels in an effort to bring to an end a five-year long antitrust probe into the company, it said on Tuesday. The Russian state-controlled energy giant, which did not disclose details of its offer, said that the plan sought to address the European Commission’s concerns “to the extent it is reasonable and possible”. “We hope that the commission — and ultimately the […]
