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Chinese phone supplier Huawei has supplanted Samsung as the second most profitable smartphone brand globally in Q3 2016. Apple continues to remain atop the list, having enjoyed 91 percent of all smartphone profits this year. Huawei, meanwhile, enjoyed 2.4 percent of the pile, earning an estimated $200 million for smartphone sales during the aforementioned quarter. Huawei Places Second It should come as no surprise that Apple has […]

Vivendi has been pursuing a creeping strategy to takeover Ubisoft by way of its continued acquisition of Ubisoft stocks. The game company’s top executives have so far balked at this bid, stating that Ubisoft will never be the same if the French media conglomerate proved successful. Looming Vivendi Takeover The observers’ consensus is that Vivendi’s hostile takeover is a done deal despite claims that Ubisoft is doing its […]

DUBAI, June 11 (Reuters) – Abu Dhabi-based telecommunications operator Etisalat has set initial price thoughts on its debut bond issue which could price at end of the day, a document from the lead managers said on Wednesday. Pricing guidance for a 5-year dollar bond has been set at 80 basis points over mid-swaps and a 10-year dollar bond is set in the area of 100 to 110 […]

As Wall Street traders departed for Thanksgiving this week, they could celebrate a rare achievement. On Monday and Tuesday, the four most widely cited indices of US stocks — the S&P 500, the Dow Jones Industrial Average, the Nasdaq Composite and the Russell 2000 — hit all-time highs simultaneously. The last time a “grand slam” happened was on New Year’s Eve 1999, at the height of the […]

  Not many people know about the second floor café in Building 3 at Emaar Square. Dubbed “the digital café”, it serves great food, great coffee and of course has pretty decent Wi-Fi.  It has a “google” feel to it. But when the history books of the Middle East digital revolution are one day written, chances are the café will get a chapter to itself. For the […]

Better access to low-interest funding could spur growth of East African Small & Medium Businesses JOHANNESBURG, South Africa, November 24, 2016 Small & Medium Businesses in East Africa should be looking at ways to maximise their efficiency and improve debt management to navigate the risks that high interest rates pose for their businesses. That’s the word from Billy Owino (https://Twitter.com/OwinoBill), Regional Director for Sage East Africa (www.Sage.com), […]

Massively popular multiplayer shooter Overwatch could be getting a Christmas event and a new mode, as sound files that have been discovered in the game suggest. The files were discovered and then uploaded on the Overwatch subreddit by redditor Venxa. Overwatch Christmas Event Among the uploaded files on the Reddit thread is what appears to be a Christmas-themed jingle based on Overwatch‘s theme music. While the discovery of the sound file […]

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By Paul Arnold and Ludwig Burger | ZURICH/FRANKFURT ZURICH/FRANKFURT U.S. healthcare company Johnson & Johnson (JNJ.N) said on Friday it was in preliminary talks with Actelion (ATLN.S) about a potential takeover of Europe’s largest biotech firm, currently valued at about $20 billion. Lung disease specialist Actelion confirmed it had been approached and said there was no certainty a deal would occur. An acquisition of the Swiss company […]

DUBAI, June 11 (Reuters) – Commercial Bank of Qatar is planning to meet fixed income investors for a potential benchmark dollar bond issue starting Thursday, a document from the leads showed. The lender, rated A1/A-/A by the international rating agencies, has mandated Bank of America Merrill Lynch, HSBC and Morgan Stanley to arrange the road show. The road shows will start in Singapore on Thursday, before moving […]

The standard Asus ZenFone 3 is reportedly not coming to the United States, while the higher-end ZenFone 3 Deluxe will no longer be launching in Canada. Meanwhile, the ZenFone 3 Deluxe is available in the United States, while the standard ZenFone 3 is available in Canada. ZenFone 3 US Release Not Happening The Asus ZenFone 3 Deluxe and the Zenfone 3 Laser became available for purchase in the United […]

Speaking at the UAE Innovation Week 2016 celebration in Sharjah, University of Sharjah academician said that 3D Printing has been shaping the future. In the next five years, it will become much more accessible SHARJAH/Sharjah Media Centre, November 24, 2016  The 3D Printing technology is becoming fast popular due to ease of use. In the next five years it will become much more popular as cost will […]

Thanksgiving was a multicultural event on the International Space Station this year. While only two people in the crew currently aboard the ISS are American, a traditional American meal was in place to celebrate the occasion. The astronauts also watched football in order to complete this experience. The astronauts did not have the day off, unlike most Americans, but the American turkey dinner in space was similar to the […]

By Bernardo Vizcaino June 11 (Reuters) – United Insurance Company of Pakistan will seek shareholder approval to offer Islamic insurance (takaful) products, a month after regulators cleared the way for conventional firms to enter the sector. The regulatory change aims to increase insurance penetration in Pakistan, which remains the third-lowest in Asia. United Insurance will seek approval in an extraordinary general meeting on Thursday, allowing it to […]

Doha, 24 November 2016 Muntajat, Qatar Chemical and Petrochemical Marketing and Distribution Company, will be part of ArabPlast 2017 as a sponsor. The Qatari company aims at promoting Qatar’s chemicals, polymers and fertilisers during the most important international petrochemicals, plastics and rubber forum in Middle East region, which will take place from 8th to 10th of January 2017 at the Dubai Exhibition and convention Centre. The event […]

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has hired HSBC to advise it on a potential purchase of a stake in ACWA Power, a developer and operator of power and water plants, sources close to the matter said. Riyadh-based ACWA Power has chosen JP Morgan to advise it on the process, the sources, who spoke on condition of anonymity as the information is not […]

Dogs may have an episodic-like memory after all, reports a recent study conducted by a group of researchers in Budapest, Hungary. It is a well-known fact that humans are able to recall and remember an incident from the past, but the episodic memory of non-human animals had not been clearly studied until now. Shared Mental Abilities Claudia Fugazza, a member of the MTA-ELTE Comparative Ethology Research Group that […]

BOSTON Activist shareholders plan a record number of resolutions focused on climate change at U.S. company annual meetings in 2017, even as President-elect Donald Trump looks set to loosen environmental regulations. Based on filings so far, U.S. companies are on track to face roughly 200 resolutions on climate matters at their shareholder meetings next year, according to Rob Berridge, who follows the subject for Ceres, a sustainability […]

John Hanke arrives at Mijita on San Francisco Bay looking more like a middle-aged indie rocker than the chief executive of a company that this summer was estimated to be making tens of millions a week. His striped flannel shirt is unbuttoned over a T-shirt bearing a compass and the words, taken from a poem in The Lord of the Rings, “Not all who wander are lost”. […]

Global Manufacturing and Industrialisation Summit will enable discussion on standardising new technologies for industry-wide applications Current lack of standardisation means developing Internet of Things technologies are unable to communicate universally, limiting their potential Abu Dhabi, UAE, November 25, 2016 The Global Manufacturing and Industrialisation Summit (GMIS) will further global discussions and spur international action on emerging technology standardisation, said Ludovica Alcorta, Director of the Development Policy, […]

A 3,800 year old clay figurine of a seated person apparently deep in thought was recently discovered in Israel. The Israel Antiquities Authority (IAA) revealed on Wednesday that the small figurine wearing a hat and with its chin resting on its hand was unearthed during an excavation at Yehud, a city in the Central District in Israel, by IAA archaeologists and high school students in October. Ceramic […]

After a US election in which hyper partisan news sites helped propel Donald Trump to the presidency, the future direction and financing of this ardent alternative journalism seems unclear. In recent days, some brands and ad platforms have blacklisted the right-wing Breitbart News for hate speech, while Facebook and Google — facing accusations of enabling misinformation online — have acted to prevent their advertising from appearing on […]

Coming on the heels of a Thanksgiving update and the official addition of Ditto in Pokémon GO, Niantic is finally bringing back a feature that drove many players away from the app when the company first yanked it from the game. The Return Of The Nearby Tracker At long last, the nearby tracker is returning, albeit slowly, to the overwhelming delight of many players who have continuously complained about […]

ABU DHABI // All eyes were turned to the capital’s skies on Thursday afternoon as the Red Arrows performed over Abu Dhabi’s Corniche. Hundreds gathered on the beachfront to watch the Royal Air Force’s world-famous aerobatic team twist and turn their bright red jets through a series of stunts, prompting spectators to “ooh” and “aah” in amazement. Chloe Steele, from the UK, attended the event with her […]

The battle for Thanksgiving online shoppers is well under way, with early data suggesting that it is off to a positive start. Between midnight and 5pm US Eastern Time, online sales increased 13.6 per cent to $1.15bn, compared with 2015, according to Adobe Digital Index, which tracks 80 per cent of online sales of the top 100 retailers. It said this figure meant sales via ecommerce for […]

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Just in:
As AI Reshapes Education, Singapore Convenes Global Dialogue on the Future of Early Childhood Education // Middle East governments assess Iran war after US vote // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // Oil and chip shares retreat after Democratic victories // Democrats capture Senate majority with seven Republican seats // Vance attributes Republican midterm defeats to Iran conflict // Cyberport Venture & Capital Forum 2026 Grand Opening // ADIA and partners establish $1.4 billion aviation venture // Utilities pursue ₹1,992 cr in unpaid bills // Dubai boat show confirms international shipyard line-up for November // OpenAI identifies 948 Linux privilege escalation flaws using AI // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // U.S. Mid Term Result Is A Clear Verdict Against Trump’s Authoritarianism // Govt opposes Arlekar’s PSC action // Cloudflare unveils Zero Wire vulnerability intelligence service // xCube Access Welcomes Entrust Capital Limited  Expanding Access to Professional Portfolio Management // BJP’s Aggressive Response Exposes Anxiety Over Opposition Unity // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // AI trust gap reveals distinct retail priorities: Divergent paths to consumer growth in Hong Kong and the GBA // Arrow Electronics showcases technologies advancing intelligent robotics, mobility and digital infrastructure //