DUBAI // A woman whose brother suffered a severe brain injury after a car crash has launched a campaign against tailgating. In August 1990, Nikki Carroll was living and working in Paris when her brother James, who had just received his A-level results, was a passenger in a car being driven in Dublin, Ireland, by a friend who was a newly qualified driver. “Due to high speed […]
ABU DHABI // It has gone so fast – and so far, so good. It’s already the third anniversary of work starting on the UAE’s first nuclear power plant at Barakah, near the border with Saudi Arabia. And it is still on budget and set to go live in late 2017, ultimately providing a quarter of the Emirates’ energy needs. But becoming the first new member to […]
Microsoft is touting the latest update to its operating system, due for release starting July 29, with the line, “It’s the Windows you know, only better.” Underscoring the distance that Microsoft wants to put between the new OS and the previous version is the fact that it’s named Windows 10 — there will be no “9” to succeed the less-than-beloved Windows 8. Windows 10 will also be […]
A logo of Toshiba Corp is seen next to an advertisement board for its Regza television in Tokyo, Japan, June 25, 2015. Reuters/Yuya Shino TOKYO A panel investigating an accounting scandal at Toshiba Corp has found that top executives were involved in improper practices, confirming the institutional nature of the abuses, a person directly involved in the investigation said on Friday. Improper accounting, extended across virtually all […]
INTERNATIONAL. Global investors have raised their holdings of cash significantly in response to a weaker global economic outlook, particularly in China, according to the BofA Merrill Lynch Fund Manager Survey for July. Overall, equity allocations are unaffected by the higher risk aversion, however. • Confidence in the global economy falls sharply: 42percent of investors expect strengthening over next year, down from 55 percent a month ago.• China heads concerns: […]
UAE. Retailers in the UAE experience some of the best conditions in the world in which to operate in, benefitting from a strong quality of infrastructure and a robust economic environment, says Arcadis in its Retail Operation Index. The UAE ranks eighth place in the overall rankings and first place in the Middle East, while quality of transportation and ease of getting up-and-running is holding many other […]
JERUSALEM — Israeli commentators have described this week’s Iran nuclear deal as a “personal failure,” a “stinging failure,” and a “colossal failure” for Prime Minister Benjamin Netanyahu. Yair Lapid, a rival who heads an opposition faction in Israel’s Parliament, called it “the greatest failure in foreign policy of any Israeli prime minister since the state’s establishment” and demanded his ouster. Mr. Netanyahu has framed his career over […]
|By TAP Staff| The UAE is taking the world’s most popular landmarks and attractions in Vegas, Orlando, London, Paris, New York and Ibiza to the next level for 2020. “Dubai is now considered as an international city on the same stage as New York, London, Paris and Tokyo, and is leading the development of the UAE leisure market together with Abu Dhabi,” said Phil Taylor, Director of Team Leisure LLC, previously Chief Executive of […]
UAE. Dubai continued to see steady supply growth during the first six months of the year, as performance within the residential and hospitality markets began to soften after a three year period of sustained growth, according to the Q2 2015 Dubai MarketView by global property consulting firm CBRE. According to the CBRE report, Dubai’s rental market continues to outperform the transactional market in 2015, although residential leasing […]
Anti-Houthi militiamen on Tuesday at the entrance to Aden’s international airport, which they recaptured from Shiite Houthi rebels. By SAEED AL-BATATI and KAREEM FAHIM July 14, 2015 AL MUKALLA, Yemen — Southern fighters battling Houthi rebels seized control of the international airport in Yemen’s port city of Aden on Tuesday, dealing the Houthis their most significant defeat in the city since they stormed it more than three months ago, witnesses and […]
A worker works on a Samsung outdoor advertisement installed atop an office building in central Seoul March 23, 2015. Reuters/Kim Hong-Ji/Files SEOUL With four days to go in a landmark proxy battle, a Samsung firm is going all out to coax a legion of undeclared investors into backing an $8 billion merger with a sister company that is key to the future of the country’s biggest family-run […]
Tonight we here in the US of A bid a fond farewell to Top Gear when the last show featuring the trio of Jeremy “The Orangutan” Clarkson, Richard “The Hamster” Hammond, and James “Captain Slow” May airs on BBC America. I’m sure I don’t need to go into the details about how their run on the show came to an end, but there was some doubt whether […]
Reporter’s Notebook By DAVID E. SANGER and MICHAEL R. GORDON July 11, 2015 VIENNA — Absent real pronouncements 11 days after the hard-and-fast deadline for a nuclear deal with Iran, people have begun looking to the balconies to determine if a deal is imminent. Well, one balcony: Mohammad Javad Zarif’s, Iran’s foreign minister, who on Saturday spent a lot of time in the sun. As the diplomacy churned on, Mr. Zarif was reading […]
Prices for German luxury cars in China are tumbling as the country’s stock market sell-off and worries about broader economic growth chill demand for auto brands that once commanded price premiums from affluent Chinese consumers. At Mercedes-Benz stores operated by a dealer group with nearly 200 multiple brand outlets, customer traffic at showrooms has dwindled markedly since mid-June, when a stock market slide that saw indexes plunge by […]
CAIRO — The Islamic State group claimed responsibility for a powerful explosion outside the Italian Consulate’s compound in downtown Cairo early Saturday that killed one person and was the first major bombing of a foreign diplomatic mission since the start of an insurgency here nearly two years ago. The explosion, which occurred about 6:15 a.m., jolted residents awake across the city and brought down slabs of the […]
VIENNA — One of the last major obstacles to concluding a historic nuclear deal with Iran is a dispute over a set of United Nations sanctions that appeared to be resolved months ago and only peripherally has to do with nuclear weapons. The sanctions, passed in a series of resolutions by the United Nations Security Council beginning nine years ago, ban the shipment of conventional arms into […]
UAE. Core Savills, the largest commercial lease transaction and one of the leading international real estate companies in the UAE, is optimistic on the outlook for the Dubai real estate market. Research released today by the firm has suggested declining apartment and villas prices in the emirate since the market peaked late last year will stabilize during 2016 and return to growth later in the year or […]
UAE. Private sector businesses in Dubai signalled further strong increases in business activity and new orders in June, though the rates of expansion moderated to 27- and 53-month lows, respectively. Despite softer increases in activity and new work, Dubai private sector companies were increasingly optimistic towards the year-ahead, with the degree of positive sentiment reaching a 19-month high. Furthermore, increased confidence towards the business outlook underpinned the […]
VIENNA — One of the last major obstacles to concluding a historic nuclear deal with Iran is a dispute over a set of United Nations sanctions that appeared to be resolved months ago and only peripherally have to do with nuclear weapons. The sanctions, passed in a series of resolutions by the United Nations Security Council beginning nine years ago, ban the shipment of conventional arms into […]
DUBAI // All Emirates Airline flights to and from Bali have been suspended until at least Monday because of a volcano eruption in Indonesia. Denpasar airport, on the popular holiday island, was closed due to the resultant volcanic ash cloud and Emirates said it took action to cancel flights on Thursday night. An airline statement said: “Emirates has temporarily suspended services to and from Bali due to […]
Mobile application developers will be able to test the quality of their apps through a new service — AWS Device Farm — unveiled by Amazon Web Services. The announcement was one of several made during the AWS Cloud Summit taking place Thursday at the Javits Convention Center in New York City. Other new developments announced during the event included Amazon API Gateway, a managed service designed to […]
On Thursday Microsoft released Office 2016 for Mac, the long-awaited productivity suite that integrates with Office 365, OneDrive, OneDrive for Business, and SharePoint so that users have access documents across personal and work accounts from their devices just by signing in with their Office accounts. A preview of Office 2016 was made available in March and elicited some 100,000 pieces of feedback from testers. The final version […]
SAN FRANCISCO Microsoft Inc’s (MSFT.O) future in mobile devices likely hinges on the software maker’s ability to convince developers to create apps for the phone version of Windows 10 after its ill-fated Nokia acquisition helped trigger 7,800 layoffs. The job cuts announcement is an acknowledgement that its 2013 $7.2 billion purchase of Nokia was never going to help paltry sales of its Windows Phone, and that it […]
UAE. The representation of women on corporate boards continues to increase, but the number of women leading boards still remains low globally. Overall, women now hold 12 percent of seats worldwide with only 4 percent chairing boards, according to the fourth edition of the Women in the Boardroom: A Global Perspective, report by Deloitte. The report outlines the efforts of 49 countries to increase the number of […]
