|By Arabian Post Staff| UAE’s National Bonds Corporation announced the results of its 2016 Savings Index for select GCC countries based on a survey conducted across Saudi Arabia, Bahrain, Kuwait and Oman. The results showed that the UAE recorded the highest percentage of regular savers – 37 percent – compared to 25 percent in Saudi Arabia and 27 percent in the rest of the surveyed GCC countries […]
|By Arabian Post Staff| Chinese operators are on track to launch commercial 5G networks by 2020 and are expected to establish China as the world’s largest 5G market by 2025, according to a new study by GSMA Intelligence and the China Academy of Information and Communications Technology (CAICT). The new study ‘5G in China: Outlook and Regional Comparisons’, which was published today at GSMA Mobile World Congress Shanghai, […]
This glimpse of the future was crafted by: Kate Yoxall When Nicolaus Copernicus proved in the 16th century that the earth actually revolved around the sun, he did more than inflict a breathtaking blow to the human ego. He threw a new paradigm into the atmosphere. Soon brows began to furl with questions around the way that society was configured; if the earth itself was not the centre of […]
|By Arabian Post Staff| Dubai Government is developing a new project development company that will manage projects by Dubai Holding and Meraas Holding, according to a media statement issued on Monday (May 29, 2017). The move is a reflection of the economic reality marked by lower oil price and lower growth outlook that is encouraging governments to consolidate their state-owned businesses to cut costs by creating synergies. It […]
|By Arabian Post Staff| Abu Dhabi Fund for Development (ADFD) dispensed AED3.9 billion in concessionary loans to support four projects and AED1.7 billion in government grants to finance 13 projects last year. Since inception in 1971 till end-2016, ADFD’s total development funding and investment portfolio registered AED80 billion, with the number of beneficiary countries reaching 83. Of this, concessionary loans totalled AED35 billion, while UAE government grants […]
Facebook’s family of apps are moving in together. Facebook, Messenger and Instagram are each testing a feature that shows notification counters from the other apps and lets you instantly switch between them. The feature could boost engagement across the apps by using those maddening red notification jewels to constantly remind you there’s something to see in the other apps. This way if you miss or dismiss an […]
PARIS France said on Thursday it was reviewing its position on the Libyan conflict and for the first time openly called for a united national army that included eastern militia commander Khalifa Haftar to battle Islamist militants. In the previous government, the Foreign Ministry openly supported the U.N.-backed Libyan government of Prime Minister Fayez Seraj, while the Defence Ministry worked closely with Haftar, who has waged a […]
DUBAI // In an age when so many of the tales told about the Arab world are tinged with despair, there was at least one night set aside to celebrate some good. That’s what the audience wanted, and they came by the thousands to see it first hand. There to hear the inspirational stories were Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh […]
Alabbar and MEVP to accelerate the digital entrepreneurial ecosystem in the region Dubai, May 18, 2017 Middle East Venture Partners (MEVP) today announced that Mohamed Alabbar has acquired a large stake in the company to create one of the leading venture capital investment platforms in the Middle East and North Africa (MENA) region. MEVP is one of the largest venture capital firms in the MENA region with […]
When The Washington Post broke the story this week that President Trump shared highly classified intelligence from a U.S. ally with Russia, not everything the reporters knew made it into print. Halfway through the story, this paragraph referring to the ISIS plot revealed by Trump appeared: “The Post is withholding most plot details, including the name of the city, at the urging of officials who warned that […]
By Jamie McGeever | LONDON LONDON The turmoil in Washington surrounding Donald Trump’s presidency is rattling world markets, and the burst of volatility could force investors into a strategic or tactical rethink of how much risk they are happy to face. Increasingly damaging revelations about the Trump administration’s and election team’s dealings with Russia triggered the biggest fall on Wall Street on Wednesday since last September and […]
A festival, unlike, say, a concert or exhibition, is a contained, utopian world, with a focus on a set of circumscribed pursuits. Like a highbrow summer camp for adults, festivals offer a jot of escapism, a chance to turn our attention away from some of the weightier issues of the past year. What makes them stand apart from other events is the joy of sharing the same […]
The grandiose reception seeks to convince Mr. Trump that his priorities are theirs, too, and that they are indispensable partners in fighting terrorism, in confronting Iran, in bolstering American businesses and perhaps even in pursuing peace between Israelis and Palestinians. Continue reading the main story “It is a remarkably buoyant moment for them,” said Stephen A. Seche, a former United States ambassador to Yemen and the executive […]
The event discussed latest technology developments, created business opportunities and tackled industry issues and challenges Qatar, Doha, 18 May 2017 Billed as Middle East’s premier event for the real estate and hotel industry, Hotelier Summit Middle East 2017 gathered once again some of the biggest names in the local and international hospitality sector to engage in focused face-to-face business meetings, discuss the latest technology developments, create business […]
Officials in Saudi Arabia have organised a packed schedule for US President Donald Trump’s visit to the kingdom this weekend. In his first official foreign trip, Trump will attend three key summits on May 20-21 in Riyadh, which will be attended by 55 leaders along with representatives from across the Islamic world, according to the official website riyadhsummit2017.org, which also includes a clock counting down to when […]
Here is a selection of five charts that FT Markets believes are worth watching. A fresh chart will be added on a regular basis. 1. Wall Street hit by biggest slide since November US stocks suffered their worst trading day in eight months on Wednesday after political turmoil in Washington shook investors, with some fearing President Donald Trump’s ability to push through his pro-growth policies has been […]
ABU DHABI // Teachers with a strong grasp of technology and more authority to control unruly classrooms are needed to improve the standard of education. That was the message for decision-makers at a public event aimed at giving an insight into the classroom. The Minister of State for Youth Affairs joined officials from the Abu Dhabi Education Council (Adec) for a meeting with Emirati students about the […]
Japan has recorded its longest run of sustained growth in more than a decade as stimulative policy and a healthier global economy lead to a period of robust progress. Growth for the first quarter of 2017 came in at an annualised 2.2 per cent, according to the Cabinet Office, marking five quarters of continuous expansion in gross domestic product. The figure beat the consensus analyst forecast of 1.7 […]
The Office of the Australian Information Commissioner (OAIC) has been tasked by the Department of the Prime Minister and Cabinet (PM&C) to develop a new privacy code for the Australian Public Service (APS), one that Commissioner Timothy Pilgrim said is needed after a string of privacy issues. “While these have been the result of a range of circumstances, through my office’s subsequent involvement in them I have […]
|By Arabian Post Staff| The Saudi Arabian Public Investment Fund has announced the creation of a new national military industries company. Saudi Arabian Military Industries (SAMI) will manufacture products and provide services across four business units: Air Systems, which includes maintenance and repair of fixed-wing aircraft as well as manufacturing and repair of unmanned air vehicles; Land Systems, which includes manufacturing and repair of military vehicles; Weapons & […]
Australian enterprise software provider TechnologyOne has announced its enterprise software-as-a-service (SaaS) solution has been certified to the highest standard by the federal government. According to TechnologyOne, it is the first and only company in the country to receive the certification from the government’s Information Security Registered Assessors Program (IRAP), an initiative from the Australian Signals Directorate (ASD) aimed at providing high-quality IT services to government in support […]
By Mark Hosenball and Lawrence Hurley | WASHINGTON WASHINGTON Former FBI director and prosecutor Robert Mueller, known for his independence in high profile government investigations, is taking on a new challenge in the midst of a crisis that threatens the presidency of the United States. Mueller, 72, was named on Wednesday by the Justice Department to probe alleged Russian efforts to sway November’s presidential election in favor […]
18 May 2017, Doha – Qatar Qatar Financial Centre (QFC)’s Legal Department was awarded the Middle East “Legal Team of the Year” in the public sector (government departments, agencies or public bodies) at the Middle East Legal Awards 2017 held in Dubai, UAE. The Middle East Legal Awards are co-hosted by the Association of Corporate Counsel and are the premier legal awards in the Middle East. This […]
Your daily guide to community and cultural activities across the Emirates for May 18, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi Art workshop Take […]
