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Dubai’s Google-backed startup promoter starts work

|By Arabian Post Staff| AstroLabs, Google -backed technology hub, is helping regional entrepreneurs to grow their startups. AstroLabs opened in October, with 42 startups picked from among 250. The facility features a device lab designed by Google is equipped with iPhones, Android smartphones, tablets and computers, which can be used by startups to test their mobile applications and content. One of the aspiring entrepreneurs is Lamia Tabbaa-Bibi, creator of IReadArabic.com, […]

Yahoo Mail Debuts Support for Gmail

Two months after adding support for Microsoft Outlook, Hotmail and AOL Mail to its email app, Yahoo announced today that Gmail has also joined that list. The app can now connect users’ Gmail and Google Apps accounts to Yahoo Mail. Multiple mailbox support for Gmail within Yahoo Mail was launched in both the mobile app for Android and iOS and in a desktop browser version. Gmail is […]

Facebook at Work for Enterprises To Launch Next Year

Currently being tested by several hundred companies, including the Royal Bank of Scotland (RBS) and Club Med, Facebook at Work is expected to see a wider rollout next year. Available for desktop and mobile devices, the app will function much like the regular Facebook, except that posts, messages and other content will be visible only to users with company work accounts. “More than 300 companies are part […]

SME SECTOR TO PLAY A BIG ROLE IN JOBS CREATION

MODI GOVERNMENT HAS TO BOOST SKILL DEVELOPMENT

By K.R. Sudhaman

Prime Minister Narendra Modi announced from the ramparts of Red Fort on the Independence Day that the two mantras of his government’s economic strategy would be job creation and to tackle farmers’ woes. In a country, where 10-12 million enter job market every year, no government can ignore this fact and rightly Modi from the day he assumed office in May 2014, has been laying emphasis on job creation. This is all the more important as 65 per cent of the vast 1.25 billion population in the country are below the age of 35.

If India were to cash-in on this demographic dividend, it needed to give a fillip to labour intensive technology, infrastructure and micro, small and medium enterprises. The make-in-India campaign, the digital India coupled with Skill India launched by Modi is aimed at cr

RUSSIA-FRANCE ALLIANCE AGAINST ISIS IS A POSITIVE MOVE

TURKEY’S LINKS WITH TERROR FUNDS EXPOSED

By Arun Srivastava

French President François Hollande entering into an alliance with the Russian President Vladimir Putin with the objective to build a global military coalition to defeat Islamic State following the Paris attacks has unnerved the USA.  This is yet another major setback for the USA. The two leaders agreeing to share intelligence information and cooperate on selecting targets in the fight against ISIS has turned the Obama administration scared of losing its authority and policy of hegemony.

The French president has won public approval and international backing for his handling of the crisis so far. His poll ratings are up by eight points to 33%. Foreign leaders have lined up to express solidarity. For the USA coming together of the leaders does not augur well. So far France has been close to the USA. Fr

Oil in danger of repeating 90s rout

OPEC has seemingly dropped any attempt at trying to fulfill its founding mission and manage the global oil market. For Saudi Arabia’s Ali al-Naimi, the most powerful and longest-serving of the group’s oil ministers, it may have seemed like history was repeating itself. There are several striking parallels between the Organization of Petroleum Exporting Countries’ current situation and the period from 1997 to 1999, when the group lost […]

Cisco ACI Adds Docker, OpFlex, Layer 4-7 Support

Docker support. OpFlex backing. A stronger focus on layer 4-7 service. These are among the upgrades Cisco is rolling out with the new software release for its Application Centric Infrastructure, or ACI. Cisco’s bigger picture goal is to improve its Software Defined Networking (SDN) portfolio built on open APIs, open standards and a flexible ecosystem. The move could appease some Cisco critics that have accused the firm […]

IDC Predicts First Smartphone Industry Downturn

This has never happened before. The global smartphone market is posting its first single-digital growth year on record. That’s according to the latest Worldwide Quarterly Mobile Phone Tracker from market research firm IDC. The firm predicts worldwide shipments will grow 9.8% to hit 1.43 billion units this year, thanks in part to slowing growth in Latin America, Western Europe and the Asia Pacific. The slower-than-expected growth actually […]

Steve Ballmer to Microsoft: Windows Phones Should Run Android Apps

At Microsoft’s annual general meeting yesterday, former CEO Steve Ballmer made his opinions on the company’s current course crystal clear. For one thing, he thinks Microsoft’s universal Windows app strategy is not destined to succeed. For another, the company needs to focus more on whether Windows Phone handsets can run Android apps, he said. Ballmer also said that the company should disclose profit margins and sales for […]

Dubai residential market seen bottoming out next year

|By Arabian Post Staff| House prices in Dubai will bottom out towards the end of next year, real estate consultancy Cluttons said in its Dubai 2015/16 Winter Residential Property Market Outlook. House prices are expected to fall another 3-5 percent over the next 12 months. The report said values for both apartments (-0.8%) and villas (-0.5%) dipped marginally during the third quarter of this year, marking the […]

Generalist versus Specialist

|By Nitten Nair| In all offices you have 2 distinct types of employees: generalists and specialists, and they are constantly at odds. They are present in all domains and it depends on which domain you are referring to determine who will have an upper hand in the long run. To make my point here let me stick to my domain: Marketing. In this domain too we have […]

IFC invests $27m in Souq

|By Arabian Post Staff| IFC, a member of the World Bank Group, and the IFC Asset Management Company are investing $27 million in Souq, the largest e-commerce platform in the Middle East and North Africa. The investment will support the company’s growth, boost e-commerce in the region, and help create jobs and drive innovation. The investment will help Souq diversify its offerings and enhance its logistics and […]

Microsoft Unveils Operations Center To Fight Cyber Threats

CEO Satya Nadella (pictured) today revealed Microsoft‘s plans to enhance enterprise security and help its customers have stronger protection for what he referred to as the “mobile-first, cloud-first world.” Addressing the Microsoft Government Cloud Forum in Washington, D.C., Nadella said that Microsoft already invests $1 billion in security research and development each year, but despite that the company is creating a new Cyber Defense Operations Center. Nadella […]

Dubai’s youth wants a home bid for FIFA World Cup

|By Arabian Post Staff| Young people in the UAE have revealed what they want for, and from, the future of major events in an international study launched ahead of the Host Cities 2015 summit. It finds young people in Dubai are most confident globally in their city’s readiness to host a major event and will overwhelmingly back a ‘home bid’ – with the FIFA World Cup their […]

Paris terror: New focus for G20

Following the terrorist attacks in Paris, the most deadly violence to strike France since World War Two, world leaders are convening on Sunday and Monday for the G20 summit in Turkey. The meeting, whose agenda now includes the attacks and their aftermath, will also focus on the migrant crisis in the Middle East and Europe, and could thus become one of the most important G20 summits since […]

Do you realize what ‘killer robots’ are doing to us?

|By Arabian Post staff| The rise of intelligent machines represents the evolution of the next industrial revolution, which will bring about a paradigm shift in the way we live and work, a special report on the subject by BankofAmerica-Merrill Lynch says. Robots and AI are becoming an integral part of our daily lives as providers of labour, mobility, safety, convenience, and entertainment. The year 2014 was the […]

What do Arabs dream about most?

Arab countries’ political, social and economic realities affect their nationals’ dreams. We spend a third of our lives sleeping. What if we can unlock the mystery of what happens in our subconscious minds when we’re asleep? Are our dreams connected to one another? Does our local environment influence what we dream? What if we had a tool that can analyze hundreds of thousands of people’s dreams to […]

Dubai exchange in money laundering net

|Arabian Post Special| The US Administration has commended the UAE Central Bank and the Government for taking prompt action against a Dubai-based money exchange for supporting a money laundering racket run by a syndicate led by Pakistani national Altaf Khanani. The Anti-Money Laundering Unit of Dubai Police worked closely with the US Drug Enforcement Administration (DEA) to unearth the racket. The US Department of Treasury’s Office of […]

Over 100 killed in Paris terror attack

Gunmen and bombers attacked restaurants, a concert hall and a sports stadium at locations across Paris on Friday, killing at least 120 people in what a shaken President Francois Hollande called an unprecedented terrorist attack. A Paris city hall official said gunmen systematically slaughtered nearly 100 people attending a rock concert at the Bataclan music hall. Anti-terrorist commandos eventually launched an assault on the building, killed the […]

How much did “they” pay you to give up on your dreams?

|By Nitten Nair|I had never watched the movie “Up in the Air” starring George Clooney. Not because I don’t watch his films, but I found reading of the initial synopsis a little depressing. A guy who lives out of a suitcase because he has to fly around the world firing people – not so exciting. Nor did I come across any reviews which strongly stated otherwise. The […]

Third quarter gold demand up 8%

|By TAP Staff| Total gold demand in Q3 2015 stood at 1,121 tonnes , an increase of 8% compared to the same period last year, according to the World Gold Council’s Gold Demand Trends report. Q3 2015 consisted of two distinct halves. In the first part, a number of factors, including ETF outflows, contributed to a price dip which buoyed consumer demand around the world. A shift […]

Orbital forms Saudi joint venture

|By TAP Staff| Orbital ATK, Inc. (NYSE: OA), a global leader in aerospace and defense technologies, announced today the establishment of a jointly-owned subsidiary in Riyadh, Saudi Arabia, to support the company’s growing regional presence. The primary focus will be to strengthen Orbital ATK’s existing alliances in the country and collaborate with the Kingdom of Saudi Arabia to help it realize its self-sufficiency objectives in national security, […]

StanChart cuts more Dubai jobs

|By TAP Staff| Standard Chartered  cut 11 sales and trading jobs in Dubai, including four managing director roles, it was reported. According to Bloomberg, the exits include those of Vikrant Bhansali, regional head of institutional sales; Farhan Aziz, head of credit solutions and Jillian Correa, regional head of flow. Standard Chartered has “acted to reduce management layers at a global level, and as a result, will have […]

Prestigious Dubai theme park opening within months

|By TAP Staff| AED 4.8 billion has already been spent on the theme park owned by Dubai Parks and Resorts and the park is expected to open its gates to the public in just under 12 months’ time. Over 11,000 workers on site and 34 contractors are working to bring the region’s largest theme park destination to life. With construction of the individual parks progressing rapidly, one […]