Oman Telecommunications (Omantel) reported a 15.5 per cent fall in second-quarter net profit on Thursday. The former monopoly made a net profit of OR26.7 million ($69.35 million) in the three months to June 30, down from OR31.6 million rials in the year-earlier period, according to Reuters calculations based on Omantel’s earnings statement. It had reported rising profits in six of the preceding seven quarters. EFG Hermes and […]
Listening to music before, during and after surgery reduces patients’ pain, eases anxiety and lessens the need for painkillers, British scientists said on Thursday. After reviewing evidence from around 7,000 patients, the scientists said people going for surgery should be allowed to choose the music they’d like to hear to maximise the benefit. But they also warned that the music should not interfere with the medical team’s […]
Future versions of the Firefox Web browser could provide users with new ways to block online site elements that track visitors’ behaviors. Mozilla, the organization that develops Firefox, said it is currently experimenting with a private browsing update and other new features in pre-beta versions of its browser being tested by developers. The new features are currently being taken for a test drive on the Firefox Developer […]
Tech giant Oracle just rolled out new functions to its Service Cloud and Social Cloud. The new bells and whistles aim to help organizations serve up better customer experiences and make data-based business decisions. Specifically, the new social features promise to help brands increase social engagement and mine business insights through a new community self-service solution, as well as beefed up social service and incident routing. Oracle […]
Chip company Rambus, known mostly for its memory technology and propensity to sue competitors, said it is taking a greater role in the manufacture of its chips. To mark the occasion, the company introduced its R+ DDR4 server memory chipset, RB26. The company said the chipset, for RDIMMs and LRDIMMs, is aimed at the enterprise and data center server markets. Rambus, based in Sunnyvale, Calif., develops DRAM […]
KUWAIT. On Aug. 14, 2015, Standard & Poor’s Ratings Services affirmed its ‘AA/A-1+’ long- and short-term foreign and local currency sovereign credit ratings on Kuwait. The outlook is stable. RATIONALEPrices for crude oil have fallen by around 50% in the last year. We now forecast an average Brent oil price of $55/bbl in 2015 and $67.5/bbl in 2015-2018. The sharp fall in oil prices over the past […]
INTERNATIONAL. In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. In October, Saudi sources first prepared the market with statements that the country would be comfortable with oil prices as low as $80 per barrel for “a year […]
ABU DHABI // Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi, and a 21-gun salute greeted Indian prime minister Narendra Modi at the Presidential Airport on Sunday. Sheikh Mohammed, also Deputy Supreme Commander of the Armed Forces, welcomed Mr Modi and invited him to inspect the honour guard. He said the visit, the first by an Indian prime minister in 34 years, came within the context […]
ABU DHABI // Indian prime minister Narendra Modi’s visit was documented across social media, including a selfie, reflecting a sign of the times. Mr Modi posted a selfie on Twitter posing with Sheikh Nahyan bin Mubarak, Minister of Culture, Youth and Community Development, and Dr Anwar Gargash, Minister of State for Foreign Affairs, at the Sheikh Zayed Grand Mosque in the capital. Dr Gargash retweeted the prime […]
ANTAKYA, Turkey — Government airstrikes on a rebel-held suburb of the Syrian capital, Damascus, killed more than 80 people and wounded about 200 on Sunday, according to local activists and monitoring organizations. The attacks came one day after the area’s largest rebel group, the Islam Army, announced a new offensive against government forces in a neighboring suburb. While it was unclear if the two attacks were linked, the […]
KALBA // Fishermen are questioning a decision to protect areas off the coast of Khor Kalba. Boat captains who live in the area and fish the waters off the east coast, said the protected zone, set up in 2012, interfered with their livelihoods. Restricted access to mangroves has halted crab fishing, but the most contentious issue for the fishermen is their exclusion from waters within a nautical […]
BENGHAZI, Libya — Libya’s internationally recognized government has asked fellow Arab states to conduct airstrikes against the Libyan branch of the Islamic State in the coastal city of Surt, a cabinet statement said on Saturday. In the past few days, the Islamic State has crushed a revolt by a rival Salafist group and armed residents who tried to break its grip on the city. Dozens of people […]
A Brooklyn man accused this year of trying to join the Islamic State pleaded guilty on Friday to conspiring to provide material support to the terrorist organization. Abdurasul Hasanovich Juraboev, 25, who appeared in Federal District Court in Brooklyn, will face a maximum possible term of 15 years in prison when he is sentenced. The date for the sentencing has not been set. Mr. Juraboev is the […]
GAZA CITY — A new training regimen for fighters in Hamas’s armed wing employs slide presentations and a whiteboard rather than Kalashnikov rifles and grenades. The young men wear polo shirts instead of fatigues and black masks. They do not chant anti-Israel slogans, but discuss how the Geneva Conventions governing armed conflict dovetail with Islamic principles. The three-day workshop, conducted last month by the International Committee of […]
Headsets hang in front of a screen displaying a Spotify logo on it, in Zenica February 20, 2014. Reuters/Dado Ruvic/Files EDGARTOWN, Mass. If hearing Barack Obama break into song hasn’t satisfied your presidential music needs, you can now listen to his playlists on Spotify. The White House on Friday released two music sets “hand-created” by the president of the United States for daytime and evening listening as […]
We’re revisiting Oregon. Last time we were there, it was 1954! But this isn’t Portland. Click here for full-size version. This time we’re visiting Jackson Street, Roseburg. The source said that it was 1950s, but I could quickly tell that it was wrong. All one has to do is look at the cars… –Tigerstrypes References: http://timetravelnow.tumblr.com This entry passed through the Full-Text RSS service – if this […]
Saudi Arabia has long enjoyed the status of being the top crude oil exporter in the world. With record production of 10.564 million barrels per day in June 2015, Saudi Arabia has been one of the major driving forces behind the current oil price slump. The Saudis have kept their production levels high since last year in order to drive other players (especially U.S. shale drillers) out […]
INTERNATIONAL. The word tragic has often been used to describe the civil war in Syria, but it is a pale description of the raging madness on the ground. The bloodletting and massive destruction that has swept the nation is not a mere tragic event; the magnitude of the destruction and loss of lives is catastrophic by any measure unseen since the horror of World War II. The […]
UAE. The upcoming 2022 FIFA World Cup in Qatar and Expo 2020 in Dubai, UAE, will see an unparalleled number of visitors to the GCC region. A number of sizeable infrastructure projects and associated developments have been earmarked to showcase the region and provide for this influx. Large-scale projects, coupled with short timeframes for completion, understandably carry with them the risk of construction disputes. Against this backdrop, […]
SANA, Yemen — After five months of war in which more than 4,000 people have been killed, Yemen’s government, exiled in Saudi Arabia, faces a fateful decision: leverage recent battlefield gains to negotiate a cease-fire with a weakened Houthi rebel movement, or try to rout the rebels once and for all. Backed by air support and ground troops from Persian Gulf nations, fighters allied with the government […]
A Dubai Cares funded programme in Palestine is helping preschool teachers to get children reading and using their imagination. While Dubai Cares supplies teacher training in Gaza, it also reaches children with books and supplies brochures for parents and teachers on how to best use the resources at hand. However, Reem El Bohisi, a teacher at Hekayat Preschool in Deir Al Balah who took the training, said […]
Despite what pretty much every brand spouts, very, very few products are truly “classic’ or “iconic.” But the suede Desert Boot from Clark’s is on the list. Unchanged since its introduction in 1950, Clark’s is making 1,950 handmade & numbered pairs to celebrate the 65th Anniversary of this enduring design. This entry passed through the Full-Text RSS service – if this is your content and you’re reading […]
ABU DHABI // Residents of Khalifa City are eagerly awaiting the opening of a 250-bed hospital that will create 800 jobs by the end of the year. The US$200 million (Dh734.6m) NMC Royal Hospital will specialise in 25 fields and will be a first for the area, on the outskirts of the capital. “According to the Abu Dhabi Vision 2030, the city is planning to grow outwards […]
ABU DHABI // For Ahlam Al Qasim and Fatema Al Khouri the sky isn’t the limit – they have big plans to go farther. The Emiratis have returned from a two-week internship with the Italian Space Agency (ISA) and now hope to forge a career in the industry and play a part in the UAE’s Mars mission. “I’ve been interested in space science ever since I was […]
