Bahrain’s leading telecommunications operator Batelco has announced its platium sponsorship for the upcoming Shreya Ghoshal Live in Concert event. The major musical event will take place during the Eid Al Adha holiday on September 24 at the Indian School grounds, and is expected to attract a huge multicultural audience, said a statement. Batelco annually supports a wide range of initiatives across a number of sectors including health, […]
|By TAP Staff| Al Noor Hospitals Group of Abu Dhabi announces that it has reached an agreement to acquire Rochester Wellness. Founded in 2006, Rochester Wellness is a leading provider of long-term physical, speech, and occupational rehabilitation therapy caring for patients in their homes and through two inpatient facilities in Dubai and Muscat. The business operates 51 beds and generated revenue of $ 5.6 million during the […]
Dubai-based chartered accountants firm Sangani and Company has joined Kudos International Network as a full member auditing and accounting firm, the company announced. Kudos International Network is an international accounting and auditing network and member of Forum of Firms. Forum of Firms is an association of international networks of accounting firms performing audits of financial statements used across borders. The Forum’s objective is to promote consistent and […]
INTERNATIONAL. Emerging Asian economies remain a challenging operating environment according to new risk ratings released today. In their first jointly produced economic and political risk ratings, Oxford Economics and Control Risks have evaluated the outlook for 164 countries worldwide, producing for each country a score based on a weighting of key political, economic, business and security risks. The ratings, drawn from the new Economic and Political Risk […]
UAE. Forbes Middle East has unveiled the names of its Most Powerful Arab Women for 2015 at a glittering awards ceremony that shone a light on some of the region’s most influential and accomplished leaders. The impressive event recognized the achievements of women in reaching the top of their fields in business and government and, in doing so, working towards a fairer and more equal working environment […]
Middle East By ISABEL KERSHNER September 18, 2015 JERUSALEM — Mahmoud Abbas, president of the Palestinian Authority, called Pope Francis to brief him on the “ongoing Israeli aggression in occupied East Jerusalem, and particularly against Al Aqsa Mosque.” Benjamin Netanyahu, the Israeli prime minister, told the United Nations secretary general, Ban Ki-moon, that “Israel is acting against the violence on the Temple Mount” and “is strictly maintaining the status […]
News Analysis President Obama in Washington on Wednesday. White House aides said Mr. Obama had always been skeptical about training Syrian rebels. By PETER BAKER September 17, 2015 WASHINGTON — By any measure, President Obama’s effort to train a Syrian opposition army to fight the Islamic State on the ground has been an abysmal failure. The military acknowledged this week that just four or five American-trained fighters are actually […]
The Federal Reserve kept its policy interest rate unchanged, showing reluctance to end an era of record monetary stimulus in a time of market turmoil, rising international risks and slow inflation at home. “Recent global economic and financial developments may restrain economic activity somewhat and are likely to put further downward pressure on inflation in the near term,” the Fed said in its statement. Thursday’s action signified […]
Private equity funds managed by Blackstone is set to acquire a majority of Serco Group’s private sector business process outsourcing (BPO) operations. The definitive agreement will include the former Intelenet business, for a consideration of £250 million ($385.7 million), approximately INR2,558 crores, said a statement. The enterprise value of this deal represents the largest acquisition by Blackstone in India, it said. The business has expected annual revenues […]
Gulfnet Communications Co, a leading provider of information and communications technology services, has received the ISO 9001:2008 for the fifth consecutive year after an extensive audit of the company’s internal operations. The ISO 9001:2008 Quality Management System certification demonstrates Gulfnet’s robust quality management system to guide and govern its operations across the company, said a statement. The certification is an important step in assuring that customers continue […]
Gulf Business Machines (GBM), a leading provider of IT solutions, leveraging industry-leading technologies in the region, has partnered with the Information Technology Authority (ITA) of Oman to launch a programme aimed at increasing interest and offering opportunities for Omani graduates within the ICT sector. The partnership comes as part of GBM’s ongoing efforts to provide the right tools and programmes to support the continued development of Oman’s […]
WASHINGTON — Only four or five Syrian individuals trained by the United States military to confront the Islamic State remain in the fight, the head of the United States Central Command told a Senate panel on Wednesday, a bleak acknowledgment that the Defense Department’s $500 million program to raise an army of Syrian fighters has gone nowhere. Gen. Lloyd J. Austin III, the top American commander in […]
ABU DHABI // Emiratis living in Khalifa City A want more footpaths, a better road network and more after-school activities for their children. A suburban area of mostly villas, the neighbourhoods do not have parking or traffic congestion problems. But some residents say the lack of paths makes it dangerous to walk. “We do not have any parking shortages here compared with the city,” said Mohammed Al […]
ABU DHABI // Government organisations have continued their fightback against claims that the UAE has the most polluted air in the world. Earlier this year, the World Bank released The Little Green Data Book, which said the country had particle pollution levels (PPM) much higher than the World Health Organisation’s recommended guidelines. It said the UAE was the “country with the most polluted air”, which was immediately […]
The Cisco Systems logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago, Illinois, May 4, 2015. Reuters/Jim Young/Files FRANKFURT Security researchers say they have uncovered clandestine attacks across three continents on the routers that direct traffic around the Internet, potentially allowing suspected cyberspies to harvest vast amounts of data while going undetected. In the attacks, a highly sophisticated form of […]
CAIRO — The mistaken airstrike by the Egyptian military that killed a dozen people on a Mexican tourist trip in the Western Desert hit at a picnic in the middle of the day, witnesses said Monday, raising new questions about both the extent of the error and the official explanations. The convoy of four sport utility vehicles was about three hours southwest of Cairo on a typical […]
Two years on from its launch in the city, ride-hailing service Uber is using its Middle East & Africa headquarters in Dubai to lay the groundwork for expanding in the region–through more than just operating in new cities. Since August 2013, the US-based company, which connects drivers and passengers through smartphone apps, has commenced operations within the GCC in Doha, Abu Dhabi, Riyadh, Jeddah and Saudi Arabia’s […]
A display for the Windows 10 operating system is seen in a store window at the Microsoft store at Roosevelt Field in Garden City, New York July 29, 2015. Reuters/Shannon Stapleton/Files REUTERS – Microsoft Corp sent out invitations on Monday for an event on Oct. 6, where it is expected to unveil new devices that run on Windows 10, its latest operating system. “We’re eager to share […]
HAJJA, Yemen — The airstrike slammed into Al-Sham water-bottling plant at the end of the night shift, killing 13 workers who were minutes away from heading home. Standing among the strewn bottles, smoldering boxes and pulverized machines a few days after the airstrike here, the owner, Ibrahim al-Razoom, searched in vain for any possible reason that warplanes from a Saudi-led military coalition would have attacked the place. […]
A Yahoo logo is pictured in front of a building in Rolle, 30 km (19 miles) east of Geneva, in this file picture taken December 12, 2012. Reuters/Denis Balibouse/Files REUTERS – Yahoo Inc’s media head, Kathy Savitt, has decided to leave, a company spokeswoman said. Savitt will join film and television studio STX Entertainment in October as president of its digital business, STX said. Yahoo is planning […]
The Dubai Health Authority has awarded contracts worth Dh24 million ($6.5 million) to Emirati entrepreneurs in the last three and a half year, falling under the small and medium enterprise (SMEs) classification, according to a top officials. Eman Khalfan Al Jallaf, director of purchasing and contracts department at the DHA, said that in line with the vision of Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime […]
INTERNATIONAL. Apple® and Hermès today introduced Apple Watch® Hermès, a new collection of Apple Watch in stainless steel with finely crafted leather bands in distinctive styles from Hermès, including the Single Tour, Double Tour and Cuff, while respecting the design and functionality of the Apple Watch. The collaboration merges Apple’s unparalleled product innovation with the heritage, iconography and craftsmanship of Hermès, creating a unique expression of Apple […]
UAE. As Dubai continues to roll out developments fueling the expansion of the city, there has been pressure on developers to build affordable homes to support the middle-income groups (earners between 3k-10k AED). In the last year, a flurry of new projects has been launched to cater to this segment. As the markets have matured and slowed down, developers have catered to affordability, more often by reducing […]
UAE. Latest business survey data pointed to a robust and accelerated expansion in Dubai’s private sector output during August. Furthermore, the rate of business activity growth was the fastest seen since May, with all three monitored sub-sectors reporting stronger output growth in the latest survey period. The rebound in activity growth was underpinned by a stronger expansion in new business, which increased at the strongest rate in […]
