MRC Global announced that its subsidiary, MRC Transmark Middle East FZE, has signed a framework agreement with Saudi Basic Industries Corporation (SABIC), naming MRC Transmark Middle East as one of SABIC’s primary valve suppliers to SABIC’s operations in Saudi Arabia. SABIC, headquartered in Riyadh, Saudi Arabia, ranks among the world’s top petrochemical companies. It operates from more than 50 countries and has more than 60 manufacturing and […]
File photo of Stephen Elop introducing the Nokia Lumia 930 mobile phone during Microsoft’s ”build” conference in San Francisco, California April 2, 2014. Reuters/Robert Galbraith/Files SEATTLE Stephen Elop, the former top boss at phone-maker Nokia, is one of four high-level executives leaving Microsoft Corp as the company sharpens its focus on software services and the cloud, Chief Executive Satya Nadella announced on Wednesday. The departure of Elop, […]
LOS ANGELES Virtual reality gaming, once a distant concept, became the new battleground at this year’s E3 industry convention, with developers seeking to win over fans with their immersive headsets and accessories. Microsoft, Sony and virtual reality company Oculus are squaring off at the June 16-18 Electronic Entertainment Expo (E3) in Los Angeles, promoting their virtual reality accessories. Dan Ackerman, a senior editor at online technology and […]
UAE. Private wealth in the United Arab Emirates (UAE) showed solid growth in 2014 (8.4 percent), according to a new report by The Boston Consulting Group (BCG), Global Wealth 2015: Winning the Growth Game, being released today. In the UAE, the growth of private wealth was driven mainly by equities. After all, between 2013 and 2014, the amount of wealth held in equities rose by 13.8 percent […]
INTERNATIONAL. Oil production from the Organization of the Petroleum Exporting Countries (OPEC) totaled 31.11 million barrels per day (b/d) in May, up 180,000 b/d from April and the group’s highest monthly volume since October 2012, according to the latest Platts survey of OPEC and oil industry officials and analysts. “OPEC’s communique after the June 5 meeting mentioned that members had been urged to adhere to its production […]
Columbia flipped the formula in rainjacket design with the creation of OutDry Extreme, a new fabric technology that uses a waterproof membrane on the outside of the jacket (rather than inside) for permanent water repellency and durability while also remaining breathable. 19 styles of jackets and pants will be available Spring 2016. This entry passed through the Full-Text RSS service – if this is your content and […]
The theme so far this week at the three-day Electronic Entertainment Expo at the Los Angeles Convention Center has been video-gaming, with Sony claiming the keynote address slot. Here are nine announcements from the conference so far: New “Doom” on the Way Bethesda got E3 under way by showing off the latest installments of first-person shooter “Doom” and post-apocalyptic role-playing saga “Fallout 4.” The latter game will […]
OMA Emirates implements Ingenio terminal for NBO SHARJAH, 14 hours, 16 minutes ago OMA Emirates, a provider of cutting edge technology for the payment industry, has implemented its Ingenico Point of Sales (POS) solution for National Bank of Oman (NBO). The technologically advanced payment terminal from Ingenico used by OMA Emirates – Solution Gulf that works on multi communication protocol will make it possible for mobile and […]
The Chinese delegates at the EDB office New China push to spur Bahrain trade MANAMA, 16 hours, 32 minutes ago A delegation from the China Arab Council for Investment Promotion (CACIP) has arrived on a three-day visit to Bahrain as part of its mandate to promote investment co-operation between China and the Arab states. Organised by the Economic Development Board (EDB), the visit is aimed at strengthening […]
The Twitter logo is shown at its corporate headquarters in San Francisco, California April 28, 2015. Reuters/Robert Galbraith/Files SAN FRANCISCO Twitter Inc’s (TWTR.N) next chief executive officer faces a crucial challenge as the company seeks to appease Wall Street after this week’s management shakeup – helping disaffected advertisers connect with users. And many advertisers, analysts and investors say Twitter already has the right person for the job: […]
Denis Flierl | Jun 15, 2015 | 0 comments 2015 Volvo V60 T5 AWD Cross Country Have you ever sat in a driver’s seat that was so comfortable it made you forget about the craziness outside? We have experienced a front seat that is so amazing, you will want to go to a Volvo dealer and sit in the driver’s seat just to see for yourself. The […]
Guest | Jun 15, 2015 | 0 comments In lieu of the recent release of the latest driving game to hit the shelves, Project CARS, we thought we’d take a look at the best racers throughout the history of gaming. Project CARS is a pure racing simulator, with authentic handling and crisp graphics, but no-one can deny that other driving games have influenced this great racer. Let’s […]
BRASILIA/SAO PAULO The United States and Russia are competing for a strategic role in Brazil’s plan to launch commercial satellites from its base near the equator, opening up a new theater in their rivalry for allies and influence. Brazil’s government expects to choose a partner to help provide technology in the coming months, three sources with knowledge of the deliberations told Reuters. Brazil partnered with Ukraine over […]
An Apple logo is seen in front of an Apple Store as a customer waits to enter, in Berlin April 10, 2015. Reuters/Stefanie Loos/Files REUTERS – Apple Inc(AAPL.O) said it would pay more than 70 percent revenue from music subscriptions to music owners. In the United States, Apple will pay music owners 71.5 percent revenue from its $9.99 per month music streaming service, Apple said. The number […]
Phoenix Power $146m IPO heavily oversubscribed MUSCAT, 10 hours, 58 minutes ago The flotation of Phoenix Power Co, owner of Oman’s largest power plant, has been heavily oversubscribed, attracting over RO1 billion ($2.6 billion) of bids from investors, the state-run Oman News Agency (ONA) reported on Sunday. The company sought to raise RO56.3 million ($146.3 million) by offering a 35 per cent stake in an offer open […]
Ezzo … focus on cyber safety. ICDL honoured for raising cyber safety awareness ABU DHABI, 11 hours, 22 minutes ago ICDL Arabia, the governing body of the ICDL certificate programme in Egypt, GCC and Iraq, has been honoured by UAE’s Ministry of Interior (Child Protection Center) for raising awareness on cyber safety among children. The organization has taken on cyber safety as an integral part of its […]
Reliance eyes Dec start for 4G phone service MUMBAI, 13 hours, 47 minutes ago After five years and more than $15 billion of investments, Mukesh Ambani said his Reliance Industries could be ready to begin 4G phone services in December. Reliance, India’s second-largest company by market value and led by India’s richest man, derives most of its revenue from its sprawling energy empire, but has over the […]
“I don’t discriminate with music,” says Mannan Alawar with a laugh, “as long as it’s good.” Whether he is reinventing the UAE national anthem on electric guitar for a YouTube audience or leaping into a crowd mid-solo, Alawar is hardly the average Emirati banker. The 24-year-old is a musician at heart, dividing his time between his day job, several bands and finishing a business degree. When he […]
A man types on a computer keyboard in Warsaw in this February 28, 2013 illustration file picture. Reuters/Kacper Pempel/Files WASHINGTON China-linked hackers appear to have gained access to sensitive background information submitted by U.S. intelligence and military personnel for security clearances that could potentially expose them to blackmail, the Associated Press reported on Friday. In a report citing several U.S. officials, the news agency said data on […]
After a federal court rejected attempts by cable and phone companies to stop net neutrality on Thursday, the Federal Communications Commission’s plan for new Internet rules went into effect. Under the new rules, the FCC can assert extra authority over the Internet to establish equal access to Internet speeds and Web sites. Companies like AT&T, Comcast and Verizon have claimed that the rules are beyond the FCC’s […]
TUNISIA. There has been robust growth in Internet access and usage over the past few years and Africa is now primed to take advantage of the social and economic opportunities that the Internet can bring to people across the continent. This was the focus of an address delivered to delegates at the Africa Internet Summit (AIS) recently held in Tunisia by Kathy Brown, President & CEO of […]
Video | Orange’s Boss Meets With Netanyahu Stéphane Richard, the chief executive of Orange, the French telecom giant, tells Israel’s prime minister that he regrets the furor caused by his statements about doing business in the country. By JODI RUDOREN June 12, 2015 JERUSALEM — The chief executive of a French telecommunications company made an extraordinary personal pilgrimage on Friday to apologize to Prime Minister Benjamin Netanyahu of Israel, […]
A broker laughs while speaking to a colleague, as they trade on their computer terminals at a stock brokerage firm in Mumbai, March 4, 2015. Reuters/Shailesh Andrade/Files MUMBAI Regulators hope plans for a new bourse with less stringent listing requirements will lure a stream of startups in the country’s burgeoning technology industry, looking for a platform to raise capital for expansion. The eased rules, marking a change […]
A motorcyclist rides past the entrance of the headquarters of Hon Hai, which is also known by its trading name Foxconn, in Tucheng, New Taipei city, December 24, 2013. Reuters/Pichi Chuang/Files MUMBAI Foxconn Technology is in talks to manufacture Apple’s(AAPL.O) iPhone in India, government officials said, in a move that could lower prices in the world’s No.3 smartphone market where the U.S. firm trails Samsung Electronics and […]
